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Decline in aluminium billet inventories continues to slow
Inventories have fallen for five consecutive weeks
SHANGHAI, Apr 11 (SMM) – The decline in stocks of 6063 aluminium billet across five major consumption areas in China continued shrink this week as consumption recovered at a slower pace.
As of Thursday April 11, inventories fell some 3,600 mt from a week ago to stand at 108,400 mt, SMM data showed.
Aluminium billet inventories have fallen for five consecutive weeks and shrank 8,700 mt last week.
Details:
Foshan, Guangdong – 75,600 mt
Wuxi, Jiangsu – 15,200 mt
Changzhou, Jiangsu – 8,300 mt
Huzhou, Zhejiang – 6,000 mt
Nanchang, Jiangxi – 3,300 mt
Inventory data
Aluminium billet
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