Aluminium billet inventories declined 700 mt on week

Published: Jan 2, 2020 13:11

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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 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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