SHANGHAI, May 9 (SMM) – Inventories of aluminium billet in China extended their gains this week as buyers stood on the sidelines.
SMM data showed that stocks of 6063 aluminium billet across five major consumption areas rose some 1,600 mt from Sunday May 5 to stand at 96,500 mt as of Thursday May 9.
Details:
Foshan, Guangdong – 51,800 mt
Wuxi, Jiangsu – 16,400 mt
Changzhou, Jiangsu – 8,000 mt
Huzhou, Zhejiang – 12,000 mt
Nanchang, Jiangxi – 8,300 mt
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