Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
07 NOVEMBER 2019 AL CIRCLE

Aluminium billet inventories decline by 3% for the fourth straight week in China

EDITED BY : DEBANJALI SENGUPTA 1MINS READ

According to Shanghai Metals Market, inventories of aluminium billet in China, on November 7, declined for the fourth straight week, even after downstream consumption slowed down.

SMM data showed the stocks of 6063 aluminium billet across five major consumption areas in China inched down 3,800 tonnes or 3.27 per cent from October 31 to come in at 112,400 tonnes. Last week, the stocks had declined by 1,900 tonnes to stand at 116,200 tonnes, meaning the decline increased this week.

{alcircleadd}

The chart below indicates the current status of aluminium billet inventories across China in more details:

Aluminium billet inventories decline by 3.27%

The billet inventories in Foshan, Guangdong dropped by 3,500 tonnes or 6.3 per cent to stand at 51,500 tonnes, while that in Changzhou, Jiangsu; and Huzhou, Zhejiang dwindled by 900 tonnes or 5.2 per cent and 2,000 tonnes or 14.28 per cent to clock at 16,400 tonnes and 12,000 tonnes, respectively.

Aluminium foil report

However, the price of aluminium alloys (ADC12) remained restrained today at RMB 14,350 per tonne, despite the further downfall of aluminium billet inventories. The prices of aluminium alloy (A356) and aluminium alloy (A380) also showed no change from RMB 14,800 per tonne and RMB 15,100 per tonne, respectively.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : DEBANJALI SENGUPTA 1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.