SHANGHAI, Dec 19 (SMM) – SMM data showed that stocks of 6063 aluminium billet across five major consumption areas in China shrank 2,100 mt from Thursday December 12 and stood at 52,300 mt as of Thursday December 19. 

This marked the tenth consecutive week of decline. Stocks dipped 22,400 mt in the previous week.

Inventory 

Foshan, Guangdong – 19,600 mt

Wuxi, Jiangsu – 12,400 mt

Changzhou, Jiangsu – 4,600 mt

Huzhou, Zhejiang –11,000 mt

Nanchang, Jiangxi – 4,700 mt