Aluminium billet inventories shrank 22,400 mt on week

Published: Dec 12, 2019 11:12

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Stocks dipped 1,100 mt in the previous week

SHANGHAI, Dec 12 (SMM) – SMM data showed that stocks of 6063 aluminium billet across five major consumption areas in China fell 22,400 mt from December 5 and stood at 54,400 mt as of Thursday December 12.

This marked the ninth consecutive week of decline. Stocks dipped 1,100 mt in the previous week.

Inventory

Foshan, Guangdong – 16,200 mt

Wuxi, Jiangsu – 16,000 mt

Changzhou, Jiangsu – 5,200 mt

Huzhou, Zhejiang –13,000 mt

Nanchang, Jiangxi – 4,000 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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