Aluminium billet inventories increased 48,700 mt from the pre-holiday level

SHANGHAI, Feb 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 rose 48,700 mt from the pre-holiday level to 214,200 mt as of February 18, as arrivals of cargoes increased. Huzhou saw the largest inventory increase of 13,000 mt, followed by a rise of 12,100 mt in Foshan.