Aluminium billet inventories shrank 19,500 mt on week

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