Aluminium billet inventories rise 1,700 mt on week

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