Aluminium billet inventories continue to rise

SHANGHAI, Oct 10 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China increased by 1,600 mt from Tuesday October 8 to stand at 136,800 mt as of Thursday October 10, after increasing 35,400 mt over the National Day holiday, showed SMM data.

Inventory 

Foshan, Guangdong – 72,400 mt

Wuxi, Jiangsu – 22,500 mt

Changzhou, Jiangsu – 14,400 mt

Huzhou, Zhejiang –15,000 mt

Nanchang, Jiangxi – 12,500 mt