Slow purchases for building materials rally aluminium billet stocks

SHANGHAI, Dec 13 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China grew some 2,600 mt over the week ended Thursday December 13 to stand at 120,500 mt, SMM data showed.

Fewer purchases for building materials expanded inventories, after brisk deliveries lowered stocks by 3,100 mt last week. 

Details:

Foshan, Guangdong – 68,400 mt

Wuxi, Jiangsu – 14,700 mt

Changzhou, Jiangsu – 14,500 mt

Huzhou, Zhejiang – 6,200 mt

Nanchang, Jiangxi – 16,700 mt