Construction demand lowers aluminium billet inventories

Published: Apr 18, 2019 14:11 (GMT+8)

Save

As of Apr 18, inventories fell some 9,800 mt from a week ago to 98,600 mt

SHANGHAI, Apr 18 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China saw a greater decline this week as higher demand from construction depleted inventories.

As of Thursday April 18, the inventories fell some 9,800 mt from a week ago to stand at 98,600 mt, SMM data showed.

Aluminium billet inventories have fallen for six consecutive weeks and posted a decline of 3,600 mt last week.

Details:

Foshan, Guangdong – 64,600 mt

Wuxi, Jiangsu – 18,500 mt

Changzhou, Jiangsu – 6,200 mt

Huzhou, Zhejiang – 6,200 mt

Nanchang, Jiangxi – 3,100 mt

Inventory data Aluminium billet

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

5 hours ago

[SMM Flash News] South32 Revised Q4 '26 CIF MJP Premium Offer at US$265/mt

Market sources report: South32 revised Q4 '26 CIF MJP Premium Offer at US$265/mt, down from US$325/mt. Validity 5 October 2026.

5 hours ago

22 hours ago

India ADC 12 Holds Firm as LME Aluminium Falls; Tight Scrap Supply Limits Downside

India ADC 12 prices remained relatively resilient despite a 1.2% decline in LME aluminium 3-month prices between September 24 and 30.

22 hours ago

Rio Tinto Secures Bell Bay Smelter Operations Through End-2031

Rio Tinto announced on October 1 that it had reached agreements with the Tasmanian Government, the Australian Commonwealth Government and Hydro Tasmania to extend electricity supply to the Bell Bay aluminium smelter through the end of 2031. The two governments will also provide a combined A$200 million support package over five years, contributing A$100 million each. Commercial terms of the power agreement were not disclosed. Bell Bay produces around 190,000 tonnes of primary aluminium annually, while its existing electricity contract was due to expire at the end of 2026. The agreement removes the smelter’s immediate operational uncertainty. Bell Bay is the third major Australian aluminium smelter to receive government-backed support in 2026, following Boyne and Tomago, highlighting continued pressure from high electricity costs and international competition.

22 hours ago