Aluminium billet inventories shrank 22,400 mt on week

SHANGHAI, Dec 12 (SMM) – SMM data showed that stocks of 6063 aluminium billet across five major consumption areas in China fell 22,400 mt from December 5 and stood at 54,400 mt as of Thursday December 12. 

This marked the ninth consecutive week of decline. Stocks dipped 1,100 mt in the previous week.

Inventory 

Foshan, Guangdong – 16,200 mt

Wuxi, Jiangsu – 16,000 mt

Changzhou, Jiangsu – 5,200 mt

Huzhou, Zhejiang –13,000 mt

Nanchang, Jiangxi – 4,000 mt