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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.
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