Aluminium billet inventories extended rise by 13,200 mt on week

SHANGHAI, Jan 16 (SMM) – SMM data showed that stocks of 6063 aluminium billet across five major consumption areas in China rose for the second consecutive week, by 13,200 mt from Thursday January 9 to stand at 66,400 mt as of Thursday January 16. Stocks increased 3,300 mt in the previous week.

Inventory 

Foshan, Guangdong – 30,100 mt

Wuxi, Jiangsu – 12,800 mt

Changzhou, Jiangsu – 5,800 mt

Huzhou, Zhejiang – 16,000 mt

Nanchang, Jiangxi – 1,700 mt