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Home / Metal News / Improved consumption lowers aluminium billet stocks on week

Improved consumption lowers aluminium billet stocks on week

May 16, 2019 13:58

Source:SMM

Stocks of 6063 aluminium billet across five major consumption areas decreased some 2,900 mt from May 9

SHANGHAI, May 16 (SMM) – Inventories of aluminium billet in China shrank in the week to Thursday May 16 as downstream consumption picked up, SMM data showed.

Stocks of 6063 aluminium billet across five major consumption areas decreased some 2,900 mt from Thursday May 9 to stand at 93,600 mt as of Thursday May 16, after a buildup of 1,600 mt in the previous week.

Details:

Foshan, Guangdong – 48,000 mt

Wuxi, Jiangsu – 18,000 mt

Changzhou, Jiangsu – 8,500 mt

Huzhou, Zhejiang – 11,500 mt

Nanchang, Jiangxi – 7,600 mt

Inventory data

Aluminium billet

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The outbound volume of the aluminium billet rose by 800 mt to 48,300 mt last week, an increase of 1.6%. Aluminium prices fluctuated at high levels, and downstream users were less willing to purchase.

Jul 15, 2021 18:00

Analysis

Aluminium billet inventories fell to 120,800 mt on week

Aluminium billet inventories dropped 3,500 mt on week

The outbound volume of the aluminium billet dropped by 6,800 mt to 38,300 mt last week, a decrease of 15%.

Jun 24, 2021 15:05

Analysis

Aluminium billet inventories dropped 3,500 mt on week

Operating rates of copper rods are expected to decline in September with high inventories

Operating rates at copper rod makers stood at 72.66% in August, a decrease of 3.50 percentage points month on month and 2.79 percentage points year on year, according to SMM survey.

Sep 7, 2020 10:33

Analysis

Operating rates of copper rods are expected to decline in September with high inventories

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Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago and stood at 20,800 mt as of September 4, showed SMM data.

Sep 4, 2020 17:42

Analysis

Shanghai bonded refined nickel stocks remained unchanged on week

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Sep 4, 2020 15:25

Analysis

China steel rebar inventory shrank on week in a high season

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Sep 4, 2020 14:20

Analysis

Social inventories of lead ingots dropped larger than expectations

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Social inventories of silicon metal in China edged higher this week as producers in Yunnan stepped up operations.

Aug 28, 2020 16:52

Analysis

Silicon social inventories rose 4,000 mt on week

Social inventories of lead ingots dipped 700 mt on week

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dipped 700 mt from the prior week to 36,400 mt in the week ended August 28.

Aug 28, 2020 13:51

Analysis

Social inventories of lead ingots dipped 700 mt on week

Aluminium billet inventories fell 9,400 mt on week on smaller arrivals

SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China fell 9,400 mt from a week ago to 60,000 mt as of Thursday August 20.

Aug 20, 2020 15:01

Analysis

Aluminium billet inventories fell 9,400 mt on week on smaller arrivals

Zinc social inventories expanded 6,700 mt from last Friday

Zinc inventories in China increased 6,700 mt over the weekend, and Shanghai and Tianjin were the two major contributors.

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Analysis

Zinc social inventories expanded 6,700 mt from last Friday

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Improved consumption lowers aluminium billet stocks on week

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