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Home / Metal News / More arrivals, weak consumption grow stocks of aluminium billet

More arrivals, weak consumption grow stocks of aluminium billet

Jun 27, 2019 13:21

Source:SMM

SMM data showed that stocks of 6063 aluminium billet across five major consumption areas grew some 6,000 mt this week

SHANGHAI, Jun 27 (SMM) – Inventories of aluminium billet in China accumulated this week as greater deliveries arrived at warehouses and downstream consumption cooled.

SMM data showed that stocks of 6063 aluminium billet across five major consumption areas grew some 6,000 mt from Thursday June 20 to stand at 77,700 mt as of Thursday June 27, after a decline of 2,200 mt in the previous week.

Foshan, Guangdong – 39,100 mt

Wuxi, Jiangsu – 8,500 mt

Changzhou, Jiangsu – 8,500 mt

Huzhou, Zhejiang – 8,200 mt

Nanchang, Jiangxi – 13,400 mt

Inventory data

Aluminium billet

For queries, please contact William Gu at williamgu@smm.cn

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SMM copper cathode inventories across major regions in China fell by 2,100 mt from last Friday to 156,300 mt as of Monday July 26.

Jul 26, 2021 14:00

Analysis

Copper cathode inventories across major regions shrank 2,100 mt over weekend

Primary aluminium inventories shrank 18,000 mt on week

Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 18,000 mt from last Thursday to 858,000 mt as of July 8.

Jul 8, 2021 15:41

Analysis

Primary aluminium inventories shrank 18,000 mt on week

Aluminium billet inventories rose 12,400 mt on week

SMM data showed that aluminium billet stocks across the five major consumption areas — Foshan, Wuxi, Huzhou, Changzhou and Nanchang — in China increased 14% or 12,400 mt from a week ago to 100,700 mt as of Thursday June 17.

Jun 17, 2021 17:13

Analysis

Aluminium billet inventories rose 12,400 mt on week

Aluminium billet inventories shrank 33,900 mt to 105,200 mt

Shipments of aluminium billet out of warehouses fell 29,700 mt or 44% on the week to 37,000 mt as the Labour Day holiday shortened the number of trading days.

May 13, 2021 16:29

Analysis

Aluminium billet inventories shrank 33,900 mt to 105,200 mt

Primary aluminium inventories shrank 25,000 mt on week

Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, declined 25,000 mt on the week to 1.12 million mt as of April 29, and Wuxi mainly contributed to the decline.

Apr 29, 2021 15:36

Analysis

Primary aluminium inventories shrank 25,000 mt on week

Aluminium billet inventories fell 2,500 mt on week

SMM data showed that aluminium billet stocks across the five major consumption areas — Foshan, Wuxi, Huzhou, Changzhou and Nanchang — in China decreased 1.5% or 2,500 mt from a week ago to 162,800 mt as of Thursday April 22.

Apr 22, 2021 14:21

Analysis

Aluminium billet inventories fell 2,500 mt on week

Primary aluminium inventories shrank 45,000 mt on week

Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, declined 45,000 mt on the week to 1.18 million mt as of April 15. Stocks fell 27,000 mt in Gongyi, 14,000 mt in Nanhai and 6,000 mt in Wuxi, but rose slightly in Hangzhou and Tianjin.

Apr 15, 2021 17:06

Analysis

Primary aluminium inventories shrank 45,000 mt on week

China steel rebar inventory down 6.3% on week amid rising output and less-than-expected apparent demand

Inventories of rebar across Chinese steelmakers and social warehouses stood at 13.74 million mt as of April 15, down 6.3% from a week ago. Stocks are down 14.7% from a year earlier.

Apr 16, 2021 11:06

Analysis

China steel rebar inventory down 6.3% on week amid rising output and less-than-expected apparent demand

Silicon social inventories shrank 4,000 mt to 63,000 mt

Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port declined 4,000 mt from the prior week to 63,000 mt as of Friday March 12, SMM data showed.

Mar 12, 2021 17:07

Analysis

Silicon social inventories shrank 4,000 mt to 63,000 mt

Shanghai bonded copper stocks rose 6,400 mt on week

SMM data showed that the stocks rose 6,400 mt from the prior week to 371,900 mt as of Friday March 12.

Mar 12, 2021 14:43

Analysis

Shanghai bonded copper stocks rose 6,400 mt on week

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More arrivals, weak consumption grow stocks of aluminium billet

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