Home / Metal News / Aluminium billet inventories fell 1,500 mt on week on smaller arrivals

Aluminium billet inventories fell 1,500 mt on week on smaller arrivals

iconDec 31, 2020 16:15
Source:SMM
Inventories of aluminium billet in China decreased this week due to a decline in arrivals at warehouses.

SHANGHAI, Dec 31 (SMM) – Inventories of aluminium billet in China decreased this week due to a decline in arrivals at warehouses.
 
SMM data showed that aluminium billet stocks across the five major consumption areas — Foshan, Wuxi, Huzhou, Changzhou and Nanchang — in China fell 1,500 mt from a week ago to 70,900 mt as of Thursday November 31.
 
Inventories in Changzhou, and Huzhou increased week on week. Stocks in Huzhou rose the most by 2,000 mt. Inventories in Foshan, Wuxi and Nanchang all decreased mainly due to smaller arrivals. Among them, stocks in Wuxi fell the most by 3,000 mt, and inventories in Nanchang and Foshan had a small decline.


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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news