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Home / Metal News / Aluminium billet inventories extended rise by 13,200 mt on week

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

Jan 16, 2020 14:11

Source:SMM

Stocks increased 3,300 mt in the previous 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

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

Aluminium billet inventories fell in China on greater shipments in the east

Inventories in Wuxi, Changzhou and Nanchang fell week on week, while stocks in Foshan and Huzhou accumulated, with Foshan saw a bigger rebound.

Jul 9, 2020 15:45

Analysis

Aluminium billet inventories fell in China on greater shipments in the east

Aluminium billet inventories declined 4,000 mt on week

Inventories of aluminium billet in China declined at a slower pace this week as arrivals increased while shipments from warehouses shrank. Inventories in Foshan, Huzhou, Changzhou and Nanchang continued to fall while the declines narrowed from a week ago. Stocks in Wuxi, meanwhile, edged up this week.

Jun 4, 2020 15:48

Analysis

Aluminium billet inventories declined 4,000 mt on week

Aluminium billet inventories declined 15,600 mt on week

Inventories of aluminium billet in China extended their decline this week, driven by healthy demand and limited arrivals.

May 28, 2020 16:27

Analysis

Aluminium billet inventories declined 15,600 mt on week

Aluminium billet stocks grow as buyers remain cautious

Stocks rose some 1,600 mt from May 5 to stand at 96,500 mt as of May 9

May 9, 2019 12:09

Analysis

Aluminium billet stocks grow as buyers remain cautious

Construction demand lowers aluminium billet inventories

As of Apr 18, inventories fell some 9,800 mt from a week ago to 98,600 mt

Apr 18, 2019 14:11

Analysis

Construction demand lowers aluminium billet inventories

Aluminium billet inventories continue fall as tax cuts bolster purchasing interest

Stocks fell 6,900 mt from a week ago to stand at 137,600 mt

Mar 21, 2019 13:33

Analysis

Aluminium billet inventories continue fall as tax cuts bolster purchasing interest

Primary lead social inventories across Shanghai, Guangdong down on the week

Inventories fell as downstream consumers restocked on lower lead prices and as demand for secondary lead moved to primary lead

Aug 17, 2018 16:06

Analysis

Primary lead social inventories across Shanghai, Guangdong down on the week

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

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