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Home / Metal News / Aluminium billet inventories shrank 1,100 mt on week

Aluminium billet inventories shrank 1,100 mt on week

Dec 5, 2019 13:13

Source:SMM

This marked the eighth consecutive week of decline

SHANGHAI, Dec 5 (SMM) – SMM data showed that stocks of 6063 aluminium billet across five major consumption areas in China fell 1,100 mt from November 28 and stood at 76,800 mt as of Thursday December 5.

This marked the eighth consecutive week of decline. Stocks dipped 8,800 mt in the previous week.

Inventory

Foshan, Guangdong – 27,300 mt

Wuxi, Jiangsu – 23,700 mt

Changzhou, Jiangsu – 6,700 mt

Huzhou, Zhejiang –13,000 mt

Nanchang, Jiangxi – 6,100 mt

Inventory data

Aluminium billet

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The outbound volume of the aluminium billet rose by 800 mt to 48,300 mt last week, an increase of 1.6%. Aluminium prices fluctuated at high levels, and downstream users were less willing to purchase.

Jul 15, 2021 18:00

Analysis

Aluminium billet inventories fell to 120,800 mt on week

Aluminium billet inventories dropped 3,500 mt on week

The outbound volume of the aluminium billet dropped by 6,800 mt to 38,300 mt last week, a decrease of 15%.

Jun 24, 2021 15:05

Analysis

Aluminium billet inventories dropped 3,500 mt on week

Aluminium billet inventories fell 2,500 mt on week

SMM data showed that aluminium billet stocks across the five major consumption areas — Foshan, Wuxi, Huzhou, Changzhou and Nanchang — in China decreased 1.5% or 2,500 mt from a week ago to 162,800 mt as of Thursday April 22.

Apr 22, 2021 14:21

Analysis

Aluminium billet inventories fell 2,500 mt on week

Aluminium billet inventories shrank 4,300 mt to193,800 mt

SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China dropped 4,300 mt from the previous week to 193,800 mt as of Apr 1.

Apr 1, 2021 16:12

Analysis

Aluminium billet inventories shrank 4,300 mt to193,800 mt

Aluminium billet inventories rose 4,400 mt on week on larger arrivals

Inventories of aluminium billet in China increased this week due to increased arrivals.

Nov 5, 2020 14:21

Analysis

Aluminium billet inventories rose 4,400 mt on week on larger arrivals

Operating rates of copper rods are expected to decline in September with high inventories

Operating rates at copper rod makers stood at 72.66% in August, a decrease of 3.50 percentage points month on month and 2.79 percentage points year on year, according to SMM survey.

Sep 7, 2020 10:33

Analysis

Operating rates of copper rods are expected to decline in September with high inventories

Shanghai bonded refined nickel stocks remained unchanged on week

Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago and stood at 20,800 mt as of September 4, showed SMM data.

Sep 4, 2020 17:42

Analysis

Shanghai bonded refined nickel stocks remained unchanged on week

China steel rebar inventory shrank on week in a high season

Inventories of steel rebar across Chinese steelmakers and social warehouses declined in the week ended September 3 as in-plant stocks fell rapidly in a traditional high season.

Sep 4, 2020 15:25

Analysis

China steel rebar inventory shrank on week in a high season

Social inventories of lead ingots dropped larger than expectations

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dropped more than 4,700 mt from the prior week to 31,600 mt in the week ended September 4.

Sep 4, 2020 14:20

Analysis

Social inventories of lead ingots dropped larger than expectations

Silicon social inventories rose 4,000 mt on week

Social inventories of silicon metal in China edged higher this week as producers in Yunnan stepped up operations.

Aug 28, 2020 16:52

Analysis

Silicon social inventories rose 4,000 mt on week

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Aluminium billet inventories shrank 1,100 mt on week

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit