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Home / Metal News / Aluminium billet inventories declined 700 mt on week

Aluminium billet inventories declined 700 mt on week

Jan 2, 2020 13:11

Source:SMM

Stocks dipped 1,700 mt in the previous week

SHANGHAI, Jan 2 (SMM) – SMM data showed that stocks of 6063 aluminium billet across five major consumption areas in China shrank 700 mt from Thursday December 26 and stood at 49,900 mt as of Thursday January 2.

This marked the 12th consecutive week of decline. Stocks dipped 1,700 mt in the previous week.

Inventory

Foshan, Guangdong – 19,000 mt

Wuxi, Jiangsu – 12,100 mt

Changzhou, Jiangsu – 4,800 mt

Huzhou, Zhejiang –11,000 mt

Nanchang, Jiangxi – 3,000 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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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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 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 fell 1,500 mt on week on smaller arrivals

Inventories of aluminium billet in China decreased this week due to a decline in arrivals at warehouses.

Dec 31, 2020 16:15

Analysis

Aluminium billet inventories fell 1,500 mt on week on smaller arrivals

Nickel ore inventories at Chinese ports rose 101,000 wmt to 9.41 million wmt

Nickel ore inventories across all Chinese ports increased 101,000 wmt from December 4 to 9.41 million wmt as of December 11, showed SMM data.

Dec 11, 2020 17:38

Analysis

Nickel ore inventories at Chinese ports rose 101,000 wmt to 9.41 million wmt

Shanghai bonded refined nickel stocks fell 1,000 mt on week

Inventories of refined nickel in the Shanghai bonded areas decreased 1,000 mt from a week ago and stood at 22,800 mt as of December 11, showed SMM data.

Dec 11, 2020 17:16

Analysis

Shanghai bonded refined nickel stocks fell 1,000 mt on week

China HRC inventories continued their rapid falls this week

Inventories of hot-rolled coils of steel sheets used to produce home appliances and cars in China continued to fall rapidly this week, but the decline narrowed slightly compared with last week.

Dec 11, 2020 11:24

Analysis

China HRC inventories continued their rapid falls this week

Social inventories of lead ingots increased nearly 1,800 mt this week

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin expanded nearly 1,800 mt from the prior week to 41,000 mt as of Friday December 4.

Dec 4, 2020 16:55

Analysis

Social inventories of lead ingots increased nearly 1,800 mt this week

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 23,800 mt as of December 4, showed SMM data.

Dec 4, 2020 16:30

Analysis

Shanghai bonded refined nickel stocks remained unchanged on week

Primary aluminium inventories built up 4,000 mt on week

Primary aluminium ingot inventories in China started to rise this week, showed SMM data.

Dec 3, 2020 17:17

Analysis

Primary aluminium inventories built up 4,000 mt on week

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 23,300 mt as of October 30, showed SMM data.

Oct 30, 2020 16:32

Analysis

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Aluminium billet inventories declined 700 mt on week

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SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025