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[SMM Aluminum Billet Inventory] As of October 19, SMM 6063 aluminum billet inventory across two major consumption sites was in the 100,000-tonne range, down again from the previous session and extending a five-session destocking run, led by Guangdong.

[SMM Aluminum Ingot Inventory] As of October 19, SMM aluminum ingot inventory across three major consumption sites stood in the 460,000-tonne range, extending its decline for a fifth working day. Guangdong edged higher while the other two regions continued to destock.

Oct 19 news: As of Oct 19, SMM data showed that social inventory of 6063 aluminum billets across the two regions in China stood at the 100,000 mt level, down further from the previous trading day, marking the fifth consecutive working day of destocking. By region, Guangdong saw notable destocking, serving as the main source of the decline across the two regions; Wuxi posted a slight inventory buildup, but the growth was limited and did not alter the overall destocking trend. Overall, post-holiday production resumptions among end-users drove aluminum billet consumption, with inventory in both regions continuing to fall, lending short-term support to processing fees. For complete inventory data by region, historical series, and detailed changes, please log in to the SMM data terminal.