Aluminium billet inventories shrank 6,400 mt on week

SHANGHAI, Nov 26 (SMM) –SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China shrank 6,400 mt from the prior week to 69,000 mt as of November 26. Stocks fell sharply by 9,600 mt in Foshan, held largely unchanged in Huzhou, and rose in Changzhou and Nanchang.