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

Published: Sep 24, 2020 16:35

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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.

Aluminium billet Inventory data

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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