Greater arrivals grow aluminium billet inventories on week

Published: Sep 5, 2019 14:10

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Stocks increased some 13,700 mt week on week as of Sep 5

SHANGHAI, Sep 5 (SMM) – Inventories of aluminium billet in China rose for the second consecutive week as of Thursday September 5 on greater arrivals in Guangdong.

SMM data showed that stocks of 6063 aluminium billet across five major consumption areas increased some 13,700 mt from Thursday August 29 to stand at 105,400 mt as of Thursday September 5, after they expanded 400 mt in the previous week.

Foshan, Guangdong – 48,900 mt

Wuxi, Jiangsu – 20,400 mt

Changzhou, Jiangsu – 13,600 mt

Huzhou, Zhejiang –12,000 mt

Nanchang, Jiangxi – 10,500 mt

Inventory data Aluminium billet

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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