SHANGHAI, Feb 28 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China extended their decline this week as fewer cargoes arrived at warehouses.
As of Thursday February 28, inventories fell about 17,800 mt from a week ago to stand at 146,700 mt, SMM data showed. This came after the stocks shrank 4,800 mt week on week on Thursday February 21.
Details:
Foshan, Guangdong – 82,500 mt
Wuxi, Jiangsu – 27,400 mt
Changzhou, Jiangsu – 22,000 mt
Huzhou, Zhejiang – 6,000 mt
Nanchang, Jiangxi – 10,800 mt
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