Aluminium billet inventories shrank 19,500 mt on week

Published: Mar 12, 2020 14:29

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Inventories of aluminium billet in China fell this week after consecutive weeks of increase, as the deliveries from warehouse outweighed arrivals.

SHANGHAI, Mar 12 (SMM) – Inventories of aluminium billet in China fell this week after consecutive weeks of increase, as the deliveries from warehouse outweighed arrivals.

SMM data showed that stocks of 6063 aluminium billet across five major consumption areas in China shrank 19,500 mt from March 5 to 199,300 mt as of March 12. This followed the stocks expanded 6,400 mt in the week ended March 5.

Inventory

Foshan, Guangdong – 94,900 mt
Wuxi, Jiangsu – 55,000 mt
Changzhou, Jiangsu – 19,700 mt
Huzhou, Zhejiang – 22,000 mt
Nanchang, Jiangxi – 7,700 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 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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