China’s aluminium billet inventories down by 3,000 tonnes to 120,800 tonnes
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China declined by 2% this week. The inventories fell by 3,000 tonnes from the previous week to 120,800 tonnes on Thursday, July 15, 2021.
Aluminium billet outbound volume rose by 800 tonnes to 48,300 tonnes last week, an increase of 1.6%. The outbound volume are expected to drop next week, and the inventories may increase.
The chart below indicates the current status of aluminium billet inventories across China in more details:
Stocks in Foshan and Huzhou declined significantly this week, standing at 55,000 tonnes and 9,000 tonnes on Thursday, July 15, 2021, down 2,400 tonnes and 2,000 tonnes from last week. The inventories of billets in Nanchang decreased by 400 tonnes to 24,100 tonnes on Thursday..
Stocks in Wuxi and Changzhou rose this week. Inventories came in at 18,630 tonnes and 14,100 tonnes. That was up by 390 tonnes and 1,400 tonnes from 18,240 tonnes and 12,700 tonnes last week.
Hungary’s export of aluminium plates, sheets and strips during 2018-20 demonstrates instability; 10% growth predicted for 2021
Next articleSouth Korean aluminium and steel industry to face trouble from EU's new carbon policy
Grow with
AL Circle
