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
17 JUNE 2022 AL CIRCLE

Aluminium billet inventories in China nosedive by 21,100 tonnes W-o-W to 118,900 tonnes

EDITED BY : SARNALI CHAKRABORTY 1MINS READ

On Thursday, June 16, China’s aluminium billet inventories nosedived by 21,100 tonnes to settle at 118,900 tonnes W-o-W across five major consumption areas. The social inventory, on the other hand, was dragged down by strong replenishing demand with lowering aluminium prices. In Wuxi, Changzhou, and Huzhou, the downstream purchased on-demand, are resulting in destocking. Apart from improving demand, the market will be watching the effects of the aluminium promise controversy.

Aluminium billet inventories in China nosedives by 21,100 tonnes W-o-W to 118,900 tonnes

{alcircleadd}

Inventory levels in Foshan plunged the highest by 13,300 tonnes to close at 66,900 tonnes, from 80,200 tonnes a week ago. In Changzhou and Huzhou, a drop of 1000 was recorded to settle at 12,700 tonnes and 20,000 tonnes, respectively.

Special prices on industry report

On a W-o-W calculation, a drop of 5,000 tonnes was witnessed in Nanchang, to halt at 4,200 tonnes. As per the SMM data, in Wuxi, the inventory contracted by 800 tonnes to score at 15,100 tonnes.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : SARNALI CHAKRABORTY 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.