Primary Aluminium News - Market

Aluminium billet inventories in China fall by 20,700 tonnes W-o-W to 141,300 tonnes

  | AlCircle   |

On May 25, aluminium billet inventory in China closed at 141,300 tonnes, dropping 20,700 tonnes W-o-W. This year, smelters increased their percentage of non-ingot production. After a period of building after the Labour Day vacation, aluminium billet inventory has begun to decline.

Aluminium billet inventories in China fall by 20,700 tonnes W-o-W to 141,300 tonnes

After a period of building after the Labour Day vacation, aluminium billet inventory has begun to decline. However, the drop has slowed, and inventory is about the same as it was at the end of April, and it remains the highest level in the previous three years. SMM anticipates a modest decrease in aluminium billet inventories next week and production buts by billet producers this month.

The figure below provides further information on the current state of aluminium billet inventories in China:

Aluminium billet inventories in China fall by 20,700 tonnes W-o-W to 141,300 tonnes

The inventories have declined in all the provinces, except in Changzhou, where it has remained unchanged to come in at 7,400 tonnes. In Huzhou, the inventory has plunged by 5000 tonnes W-o-W to score 17,000 tonnes.

Aluminium - Revolutionizing the Construction Sector

In Foshan, the inventory has dropped by 14,800 tonnes to close at 91,600 tonnes, followed by a dip of 600 tonnes to close at 20,600 tonnes in Wuxi. In Nanchang, the inventory has dipped by 300 tonnes to halt at 4,700 tonnes.

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Related Business Leads
Buying request Aluminium Billet
Interested to buy aluminium billet with below-mentioned specification: Fe 0.15%-0.25% Si 0.40%-0.50% Mg 0.40%-0.5...
Posted On : 15/May/2023

They are a global leader in Innovative chemistry & specialty chemical manufacturers. They have multiple facilities worldwide engaged in the manufactur...
Posted On : 21/Apr/2023

Selling offer Aluminium Ingots
96.5+% 7kg each ingot weight. Origin Africa Ex Ahmedabad.  
Posted On : 08/Apr/2023

Buying request Carbon Anode Scrap
Carbon 97%  Ash 1% Sulfur 2%  Max Calorific Value 8000 k cal/kg. Size 200 mm to 500mm
Posted On : 19/Mar/2023

Kindly ask you to send us a quotation (price of A7 and A8) with complete specifications of the ingot, together with the official offer. Also, shipping...
Posted On : 06/Mar/2023
Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals

Alternate Text
CETAG

A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.

Alternate Text
LB ALUMINIUM BERHAD

Leading Aluminium Extruder in South East Asia, offering world class solutions from die fabrication, extrusion to value-added finishing.