Aluminium billet inventories rose 3,900 mt on week on larger arrivals

Published: Sep 24, 2020 16:35
Inventories of aluminium billet in China increased this week due to increased arrivals.

SHANGHAI, Sep 24 (SMM) – Inventories of aluminium billet in China increased this week due to increased arrivals.

SMM data showed that aluminium billet stocks across the five major consumption areas — Foshan, Wuxi, Huzhou, Changzhou and Nanchang — in China built up 3,900 mt from a week ago to 71,500 mt as of Thursday September 24.

Inventories in Foshan and Nanchang accumulated week on week, while stocks in Wuxi, Changzhou, and Huzhou declined.


 

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
China's Beer Production Dips 1.6% YoY in Jan-Jul, Pressuring Aluminum Packaging Demand
4 hours ago
China's Beer Production Dips 1.6% YoY in Jan-Jul, Pressuring Aluminum Packaging Demand
Read More
China's Beer Production Dips 1.6% YoY in Jan-Jul, Pressuring Aluminum Packaging Demand
China's Beer Production Dips 1.6% YoY in Jan-Jul, Pressuring Aluminum Packaging Demand
According to data released by the National Bureau of Statistics (NBS) on August 19, beer production by China's enterprises above designated size from January to July totaled 22.767 million kiloliters, down 1.6% YoY. From the overall H1 performance, total beer production by China's enterprises above designated size in H1 2026 only edged up 0.2% YoY, with June's monthly production pulling back YoY, keeping the industry's production under pressure. Consequently, demand for aluminum cans and aluminum foil for packaging was also somewhat constrained.
4 hours ago
Air Conditioner Production Slumps in August 2026, Impacting Aluminum Foil Demand
4 hours ago
Air Conditioner Production Slumps in August 2026, Impacting Aluminum Foil Demand
Read More
Air Conditioner Production Slumps in August 2026, Impacting Aluminum Foil Demand
Air Conditioner Production Slumps in August 2026, Impacting Aluminum Foil Demand
According to data from ChinaIOL, the production schedule for household air conditioners in August 2026 was 10.73 million units, down 16.7% compared to the same period last year, with the decline widening MoM. In contrast, the production schedules for refrigerators and washing machines were relatively stable, at 8.77 million and 8.83 million units, respectively, representing slight increases of 0.7% and 2.3% compared to the same period last year. As a key downstream application field of aluminum foil, the demand for air-conditioner foil was significantly impacted by the ongoing decline in air conditioner production schedules.
4 hours ago
China Passenger Car Sales Up 8.1% in August, New Energy Vehicles Reach 1.04M Units
4 hours ago
China Passenger Car Sales Up 8.1% in August, New Energy Vehicles Reach 1.04M Units
Read More
China Passenger Car Sales Up 8.1% in August, New Energy Vehicles Reach 1.04M Units
China Passenger Car Sales Up 8.1% in August, New Energy Vehicles Reach 1.04M Units
According to preliminary data released by the China Passenger Car Association on August 21, retail sales of passenger cars in August were about 1.58 million units, up 8.1% MoM; new energy vehicle retail sales are expected to reach 1.04 million units, with the penetration rate expected to be between 65.1% and 65.8%.
4 hours ago