Stocks of aluminium billet decline as arrivals shrink

SHANGHAI, Feb 21 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China declined this week as fewer cargoes arrived at warehouses.

As of Thursday February 21, inventories fell about 4,800 mt from a week ago to stand at 164,500 mt, SMM data showed.

Details:

Foshan, Guangdong – 89,000 mt

Wuxi, Jiangsu – 27,700 mt

Changzhou, Jiangsu – 22,000 mt

Huzhou, Zhejiang – 10,000 mt

Nanchang, Jiangxi – 15,800 mt