Aluminium billet stocks decline on week

Published: Aug 15, 2019 10:25
A significant decline was seen in stock in Foshan city of south China’s Guangdong province

SHANGHAI, Aug 15 (SMM) – Inventories of aluminium billet in China shrank this week with a significant decline in stocks in Foshan city of south China’s Guangdong province. 

SMM data showed that stocks of 6063 aluminium billet across five major consumption areas decreased some 2,200 mt from Thursday August 8 to stand at 93,700 mt as of Thursday August 15, after they climbed 12,500 mt in the previous week.

Foshan, Guangdong – 43,900 mt

Wuxi, Jiangsu – 16,500 mt

Changzhou, Jiangsu – 13,000 mt

Huzhou, Zhejiang –10,000 mt

Nanchang, Jiangxi – 10,300 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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