Aluminium billet inventories fell on consumption pickup

Published: Oct 17, 2019 11:27

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This followed after the stocks rising during the National Day holiday and days after

SHANGHAI, Oct 17 (SMM) – Recovering consumption lowered inventories of aluminium billet in China this week, after the stocks rising during the National Day holiday and days after.

SMM data showed that stocks of 6063 aluminium billet across five major consumption areas in China declined 7,600 mt from October 10 to stand at 129,200 mt as of Thursday October 17.

Inventory

Foshan, Guangdong – 73,200 mt

Wuxi, Jiangsu – 19,200 mt

Changzhou, Jiangsu – 15,700 mt

Huzhou, Zhejiang –11,000 mt

Nanchang, Jiangxi – 10,200 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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