Aluminium billet inventories rose 1,600 mt on week

Published: Jan 21, 2021 15:38
SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China expanded 1,600 mt from the prior week to 84,300 mt as of January 21.

SHANGHAI, Jan 21(SMM) –SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China expanded 1,600 mt from the prior week to 84,300 mt as of January 21.

Stocks fell 2,000 mt to 8,500 mt in Nanchang, dipped 900 mt to 39,200 mt in Foshan, while rose 2,300 mt to 14,700 mt in Wuxi and expanded 2,200 mt to 10,900 mt in Changzhou. Stocks in Huzhou held largely unchanged.  

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
US PCE Price Index Rises 4.1% YoY in May, Core PCE Up 3.4%; Q1 GDP Growth Revised Up to 2.1%
Jun 27, 2026 17:06
US PCE Price Index Rises 4.1% YoY in May, Core PCE Up 3.4%; Q1 GDP Growth Revised Up to 2.1%
Read More
US PCE Price Index Rises 4.1% YoY in May, Core PCE Up 3.4%; Q1 GDP Growth Revised Up to 2.1%
US PCE Price Index Rises 4.1% YoY in May, Core PCE Up 3.4%; Q1 GDP Growth Revised Up to 2.1%
The inflation indicator closely watched by the US Fed was officially released. According to data released by the US Commerce Department, the US PCE price index for May rose 4.1% YoY, the highest since April 2023; meanwhile, core PCE also rose 3.4% YoY, in line with market expectations and the highest since October 2023. In addition, the final annualized growth rate of US real GDP for Q1 was revised up to 2.1%, higher than the previous revision of 1.6%. Meanwhile, durable goods orders in May fell 4.5% MoM, the largest decline in nearly a year.
Jun 27, 2026 17:06
US Strikes Iran in Response to Drone Attack on Cargo Ship in Strait of Hormuz
Jun 27, 2026 16:54
US Strikes Iran in Response to Drone Attack on Cargo Ship in Strait of Hormuz
Read More
US Strikes Iran in Response to Drone Attack on Cargo Ship in Strait of Hormuz
US Strikes Iran in Response to Drone Attack on Cargo Ship in Strait of Hormuz
The US Central Command announced that US forces conducted strikes on Iran, responding to an earlier attack on a commercial vessel transiting the Strait of Hormuz. Specifically, Iran used one-way attack drones to target the cargo ship "Ever Lovely," after which US fighter jets struck Iranian missile and drone storage facilities and coastal radar stations. US President Donald Trump stated that Iran's drone attack in the Strait of Hormuz violated the ceasefire agreement. Separately, Hossein Mokhbi, spokesperson for Iran's Islamic Revolutionary Guard Corps, denied claims that Iran and the US have established a communication hotline concerning the Strait of Hormuz, calling the information purely fictitious.
Jun 27, 2026 16:54
[SMM Flash News] NBS: Profits of above-scale raw material manufacturing industries jumped 83.1% YoY in Jan-May
Jun 27, 2026 14:55
[SMM Flash News] NBS: Profits of above-scale raw material manufacturing industries jumped 83.1% YoY in Jan-May
Read More
[SMM Flash News] NBS: Profits of above-scale raw material manufacturing industries jumped 83.1% YoY in Jan-May
[SMM Flash News] NBS: Profits of above-scale raw material manufacturing industries jumped 83.1% YoY in Jan-May
Yu Weining, Chief Statistician of the Industry Department of the National Bureau of Statistics (NBS), interpreted industrial enterprise profit data for January-May 2026. According to Yu, raw material manufacturing industries recorded rapid profit growth.In Jan-May, profits of above-scale raw material manufacturing industries rose 83.1% year-on-year, contributing 10.2 percentage points to the total profit growth of all above-scale industrial enterprises.By sector: Driven by rising demand from emerging industries including new energy and artificial intelligence, prices of copper, aluminium and other related products stayed elevated, lifting profits of the non-ferrous metal sector by 117.1% and adding 5.3 percentage points to overall industrial profit growth.Boosted by price hikes across the oil industrial chain, the oil processing sector swung from losses to profits year-on-year, while profits of the chemical industry surged 71.6%.
Jun 27, 2026 14:55