Aluminium billet inventories jumped to 100,000 mt

SHANGHAI, Jan 23 (SMM) – SMM data showed that stocks of 6063 aluminium billet across five major consumption areas in China rose for a third straight week, increasing 33,700 mt in the week ended January 23 to 100,000 mt. This came after an increase of 13,200 mt in the previous week.

Inventory

Foshan, Guangdong – 40,200 mt

Wuxi, Jiangsu – 14,900 mt

Changzhou, Jiangsu – 10,900 mt

Huzhou, Zhejiang – 23,000 mt

Nanchang, Jiangxi – 11,000 mt