Greater arrivals grow stocks of aluminium billet on week

Published: Jun 13, 2019 13:33 (GMT+8)
This followed after a decline of 14,100 mt in the previous week

SHANGHAI, Jun 13 (SMM) – Inventories of aluminium billet in China rebounded this week as more deliveries arrived at warehouses and downstream consumption remained moderate. 

SMM data showed that stocks of 6063 aluminium billet across five major consumption areas rose by some 10,800 mt from Thursday June 6 to stand at 73,900 mt as of Thursday June 13, after a decline of 14,100 mt in the previous week.

Foshan, Guangdong – 30,100 mt

Wuxi, Jiangsu – 9,300 mt

Changzhou, Jiangsu – 7,900 mt

Huzhou, Zhejiang – 9,000 mt

Nanchang, Jiangxi – 17,600 mt

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.

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