Aluminium billet inventories rise 1,700 mt on week

Published: Sep 12, 2019 15:27
Inventories expanded for the third consecutive week as of Sep 12

SHANGHAI, Sep 12 (SMM) – Inventories of aluminium billet in China rose for the third consecutive week as of Thursday September 12, on greater arrivals in Wuxi and Nanchang cities.  

SMM data showed that stocks of 6063 aluminium billet across five major consumption areas increased some 1,700 mt from Thursday September 5 to stand at 107,100 mt as of Thursday September 12, after they expanded 13,700 mt in the previous week.

Inventory 

Foshan, Guangdong – 49,000 mt

Wuxi, Jiangsu – 22,000 mt

Changzhou, Jiangsu – 13,600 mt

Huzhou, Zhejiang –10,000 mt

Nanchang, Jiangxi – 12,500 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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
China's Lithium Battery Output to Surge 9% in September, Driven by Global Energy Storage Demand
13 hours ago
China's Lithium Battery Output to Surge 9% in September, Driven by Global Energy Storage Demand
Read More
China's Lithium Battery Output to Surge 9% in September, Driven by Global Energy Storage Demand
China's Lithium Battery Output to Surge 9% in September, Driven by Global Energy Storage Demand
According to multiple industry chain monthly survey data, September China lithium battery production schedules are expected to exceed 330 GWh, up approximately 9% MoM. Energy storage cells account for approximately 130 GWh, nearly 40% of the total. Energy storage growth mainly comes from overseas large-scale projects, with multiple energy storage stations in the Middle East, Europe and the US rushing to grid-connect before year-end. Overseas customers are concentratedly procuring 314Ah and above large-capacity energy storage cells, with leading battery makers' existing production lines fully booked through mid-October.
13 hours ago
September 2026 NEV Sales Surge 45.6% YoY, Market Share Nears 50%
13 hours ago
September 2026 NEV Sales Surge 45.6% YoY, Market Share Nears 50%
Read More
September 2026 NEV Sales Surge 45.6% YoY, Market Share Nears 50%
September 2026 NEV Sales Surge 45.6% YoY, Market Share Nears 50%
CAAM data shows September 2026 NEV production and sales reached 1.617 mn and 1.604 mn respectively, up 42.7% and 45.6% YoY. NEV share of total new vehicle sales reached 49.7%. Jan-Sep cumulative NEV production/sales reached approximately 12.6 mn, with market share approaching half. September NEV exports were 222,000 units, more than doubling YoY. CPCA data shows September domestic NEV passenger car retail was approximately 1.296 mn units, up 15.5% YoY, with monthly penetration reaching 57.8%, a new record high.
13 hours ago
Ruijin's $135M Aluminum Project Nears Completion, Set for November Launch
13 hours ago
Ruijin's $135M Aluminum Project Nears Completion, Set for November Launch
Read More
Ruijin's $135M Aluminum Project Nears Completion, Set for November Launch
Ruijin's $135M Aluminum Project Nears Completion, Set for November Launch
Ruijin New Materials Technology Co., Ltd.'s 150,000 t/yr aluminium plate/strip/foil project, which acquired land in April and started construction by end-April this year, has completed its No. 1 workshop. Internal equipment installation is in the final stage. Six holding furnaces and six melting furnaces have been installed, and rolling mill installation is underway. Furnace baking is planned for end-September, trial production around October 15, with formal commissioning expected in November. Total investment is approximately RMB 900 mn, with RMB 300 mn planned for this year.
13 hours ago