Aluminium billet inventories jumped to 100,000 mt

Published: Jan 23, 2020 11:57
Stocks increased 33,700 mt in the week ended January 23 to 100,000 mt

SHANGHAI, Jan 23 (SMM) – SMM data showed that stocks of 6063 aluminium billet across five major consumption areas in China rose for a third straight week, increasing 33,700 mt in the week ended January 23 to 100,000 mt. This came after an increase of 13,200 mt in the previous week.

 

Inventory

Foshan, Guangdong – 40,200 mt

Wuxi, Jiangsu – 14,900 mt

Changzhou, Jiangsu – 10,900 mt

Huzhou, Zhejiang – 23,000 mt

Nanchang, Jiangxi – 11,000 mt

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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