Aluminium billet inventories shrank 15,800 mt to 165,200 mt

Published: Apr 15, 2021 17:02

Save

Shipments of aluminium billet out of warehouses rose 300 mt on the week to 57,100 mt as downstream demand improved.

SHANGHAI, Apr 15 (SMM) –Shipments of aluminium billet out of warehouses rose 300 mt on the week to 57,100 mt as downstream demand improved.
SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China dropped 15,800 mt from the previous week to 165,200 mt as of Apr 15. Stocks shrank 8,400 mt in Foshan and 4,500 mt in Wuxi. Aluminium prices continued to fluctuate at high levels this week, and downstream users mainly restocked on demand. Shortages of railway containers in north-west China and rising transportation fees in Guangxi led to declines in aluminium billet arrivals.
Aluminium billet social inventories are likely to fall slightly next week.

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.

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

6 mins ago

【SMM Aluminum Flash News】Hindalco denies suspending aluminum extrusion production, stating a mere force majeure notice.

Hindalco, an aluminum manufacturer under India's Aditya Birla Group, has denied previous reports of a suspension of aluminum extrusion production. The company clarified that the so-called "shutdown" was not an operational interruption, but rather a routine commercial notification to customers regarding a natural gas supply disruption. Hindalco had previously announced on March 11 that it was invoking "force majeure" clauses for all aluminum extrusion customers due to limited natural gas supply. In its statement, Hindalco emphasized that aluminum extrusion represents only a very small portion of the company's total capacity, with a potential impact on less than 0.1% of the company's overall operations.

6 mins ago

14 mins ago

【SMM Aluminum Flash News】Anda Shares' IPO on the Beijing Stock Exchange will be reviewed on March 20.

On March 13, according to the Beijing Stock Exchange website, the Beijing Stock Exchange Listing Review Committee is scheduled to hold its 28th listing review meeting of 2026 at 9:00 a.m. on March 20, at which time it will review the IPO of Huzhou Anda Auto Parts Co., Ltd.

14 mins ago

4 hours ago

Indonesian Bauxite Mines to Observe Public Holidays in March 2026, Affecting Operations

[SMM Aluminum Express News] Indonesian bauxite mines generally observe the national public holidays (libur nasional) and collective leave days (cuti bersama) in March 2026, as confirmed by industry players, though exact implementation varies by company policy (e.g., essential operations like maintenance or shifts may continue with adjustments). This creates a potential 7-day extended break (18–24 March), aligning with government SKB (joint ministerial decree) on holidays and cuti bersama for 2026.

4 hours ago