Aluminium billet inventories shrank 3,900 mt to 232,900 mt

Published: Mar 18, 2021 16:41
SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China dropped 3,900 mt from the previous week to 232,900 mt as of March 18.

SHANGHAI, Mar 18 (SMM) –SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China dropped 3,900 mt from the previous week to 232,900 mt as of March 18. Stocks dropped by 2,000 mt and 5,000 mt in Changzhou and Huzhou, but rose 2,100 mt in Wuxi.  

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 to learn 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
Strait Passage Restrictions Compounded by Supply Hard Damage, Aluminum Prices Firmly Supported at High Levels [SMM Aluminum Morning Meeting Minutes]
3 hours ago
Strait Passage Restrictions Compounded by Supply Hard Damage, Aluminum Prices Firmly Supported at High Levels [SMM Aluminum Morning Meeting Minutes]
Read More
Strait Passage Restrictions Compounded by Supply Hard Damage, Aluminum Prices Firmly Supported at High Levels [SMM Aluminum Morning Meeting Minutes]
Strait Passage Restrictions Compounded by Supply Hard Damage, Aluminum Prices Firmly Supported at High Levels [SMM Aluminum Morning Meeting Minutes]
[Strait Transit Restrictions Combined with Hard Supply Damage, Aluminum Prices Firmly Supported at High Levels] Overall, from a macro perspective, strait transit restrictions and the risk of conflict escalation resonated with hard supply damage and low global inventory on the fundamentals side, jointly providing strong support for aluminum prices. In the short term, aluminum prices held up well.
3 hours ago
US and Israeli Military Strike Hits Iran's Largest Aluminium Producer, IRALCO
3 hours ago
US and Israeli Military Strike Hits Iran's Largest Aluminium Producer, IRALCO
Read More
US and Israeli Military Strike Hits Iran's Largest Aluminium Producer, IRALCO
US and Israeli Military Strike Hits Iran's Largest Aluminium Producer, IRALCO
[SMM Aluminum Express News] The Iran Aluminium Company (IRALCO) in Arak, Iran's largest aluminium producer, was struck during US and Israeli military operations on April 8, 2026. IRALCO is the country’s primary aluminum production facility, with an annual capacity of around 160,000–200,000 tons.
3 hours ago
Indonesia Revokes Illegal Mining Permits in Protected Forests, Orders Swift Action
20 hours ago
Indonesia Revokes Illegal Mining Permits in Protected Forests, Orders Swift Action
Read More
Indonesia Revokes Illegal Mining Permits in Protected Forests, Orders Swift Action
Indonesia Revokes Illegal Mining Permits in Protected Forests, Orders Swift Action
[SMM Aluminum Express News] President Prabowo Subianto has ordered Energy and Mineral Resources Minister Bahlil Lahadalia to immediately revoke all illegal mining permits (IUP). The directive was given during a Cabinet Working Meeting at the State Palace on Wednesday, April 8, 2026. Prabowo instructed Bahlil to act swiftly on reports of hundreds of unclear or illegal mining permits operating inside protected forests. He also asked Forestry Minister Raja Juli Anthoni about the current condition of protected forests and emphasized the need for immediate action on illegal IUPs found in the field.
20 hours ago
Aluminium billet inventories shrank 3,900 mt to 232,900 mt - Shanghai Metals Market (SMM)