Smaller arrivals lower stocks of aluminium billet on week 

Published: Jul 11, 2019 14:34
Stocks of 6063 aluminium billet across five major consumption areas shrank by some 1,700 mt on the week as of Jul 11

SHANGHAI, Jul 11 (SMM) – Inventories of aluminium billet in China decreased this week as fewer deliveries arrived at warehouses. 

SMM data showed that stocks of 6063 aluminium billet across five major consumption areas shrank by some 1,700 mt from Thursday July 4 to stand at 81,500 mt as of Thursday July 11, after they gained 5,500 mt in the previous week.

Foshan, Guangdong – 47,900 mt

Wuxi, Jiangsu – 8,900 mt

Changzhou, Jiangsu – 9,800 mt

Huzhou, Zhejiang – 8,500 mt

Nanchang, Jiangxi – 6,400 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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Smaller arrivals lower stocks of aluminium billet on week  - Shanghai Metals Market (SMM)