Downstream Products News - Market

Aluminium billet stocks expanded 1,400 tonnes on weaker demand

  | AL Circle   |

According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China expanded 1,400 tonnes over the week ended on Thursday, December 27, to stand at 11,000 tonnes. Weaker demand accounted for increase in billet stocks.

The below chart shows the current status of aluminium billet inventories across China:

Aluminium alloys (ADC12) spot price showed restraint today since December 20 at RMB 15,000 per tonne. The price is expected to range between RMB 14,900 per tonne and RMB 15,100 per tonne. Aluminium alloy (A380) price remained unchanged at RMB 15,800 per tonne.

The price of aluminium alloy (A356), on the other hand, stood at RMB 14,200 per tonne, down RMB 100 per tonne from RMB 14,300 per tonne on December 26 2018. The price is expected to range between RMB 14,150 per tonne and RMB 14,250 per tonne.

Edited By:


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


Related Business Leads
Buying request Aluminium UBC Scrap
Interested to buy aluminium scrap. Destination - Kolkata, India
Posted On : 27 Nov 2023

Interested to buy surplus aluminium beryllium master alloys. Destination - India
Posted On : 24 Nov 2023

Buying request Aluminium UBC Scrap
Interested to buy aluminium ubc scrap. Destination - Vietnam Preferred Location - Any place  
Posted On : 23 Nov 2023

Buying request Aluminium UBC Scrap
Interested to buy aluminium ubc scrap. Destination - FOB / CIF Mundra port, India
Posted On : 23 Nov 2023

Buying request Aluminium 6063 Scrap
Interested to buy aluminium 6063 scrap. Destination - FOB / CIF Mundra port, India
Posted On : 23 Nov 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
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
IBAAS-JNARDDC 2023

4-6 December 2023 at Chitnavis Centre in Nagpur, India.

Alternate Text
IGUN METALS AND FINANCE INC

Global supplier of aluminium alloy and base metals from Africa