Aluminium billet inventories shrank 28,700 mt to 134,000 mt

Published: Apr 29, 2021 15:30 (GMT+8)

Save

Shipments of aluminium billet out of warehouses rose slightly by 1,500 mt on the week to 61,200 mt as high aluminium prices weighed on downstream consumption.

SHANGHAI, Apr 29 (SMM) –Shipments of aluminium billet out of warehouses rose slightly by 1,500 mt on the week to 61,200 mt as high aluminium prices weighed on downstream consumption.
SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China dropped 28,700 mt from the previous week to 134,000 mt as of Apr 29. Aluminium prices registered new highs this week, with SMM A00 aluminium ingot price rising to a new high of 18,730 yuan/mt today, but purchasing volume expanded amid rigid demand.
Aluminium billet inventories are expected to increase slightly after the Labour Day holiday.

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 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

22 hours ago

Revised Q4 ‘26 CIF MJP Premium Offer by RTA at US$280/mt

Revised Q4 ‘26 CIF MJP Premium Offer by RTA at US$280/mt (down from US$310/mt). Validity 28 Sep 2026

22 hours ago

Sep 24, 2026 20:58 (GMT+8)

Henan Yirui's Advanced Aluminum Rolling Mill Begins Production, Aiming for High-End Market Growth

On September 20, the thick-plate rough rolling mill of the 720,000-tonne-per-year aluminum-based new materials intelligent manufacturing project of Henan Yirui New Materials Technology Co., Ltd. was officially put into production. With a total investment of RMB 1.5 billion, the project leverages the existing plant site to build an internationally advanced "1+4" hot continuous rolling line, supported by industry-leading aluminum processing equipment such as pusher-type reheating furnaces. The project has also built an industrial IoT system capable of real-time monitoring and dynamic regulation of core production parameters such as rolling force and temperature, effectively ensuring stable quality of high-end aluminum products and continuously increasing the market share of high value-added products.

Sep 24, 2026 20:58 (GMT+8)

Guinea Expands Mining Cooperation with Glencore, Aims to Boost Revenue and Industrialization

Guinea plans to extend its cooperation with Glencore into alumina refining, energy, gold, and base metals, aiming to expand mining revenue, promote local processing and industrialization of mineral resources, and strengthen cooperation with markets and international mining enterprises in China, the Middle East, and beyond.

Sep 24, 2026 20:58 (GMT+8)