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
19 AUGUST 2021 AL CIRCLE

China’s aluminium billet inventories grow for the third week in a row to 130,630 tonnes on low buying interest among consumers

EDITED BY : DEBANJALI SENGUPTA 1MINS READ

According to the Shanghai Metals Market, aluminium billet inventories in China have continued to grow for the third week in a row by 13,100 tonnes or 11.1 per cent on Thursday, August 19. This brings the inventories to 130,630 tonnes from 117,560 tonnes last week, August 12.

SMM survey showed aluminium billet arrivals in south China were comparatively ample, while orders at downstream aluminium extrusion companies were not satisfactory. Besides, aluminium price surge to a 13-year high suppressed consumers buying interest.

{alcircleadd}

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

China’s aluminium billet inventories grow for the third week in a row to 130,630 tonnes on low buying interest among consumers

Among all the major Chinese cities, Foshan has seen the highest growth in inventories by 11,000 tonnes to 64,500 tonnes. In Wuxi, aluminium billet stocks have grown by 2,120 tonnes to 22,480 tonnes, while inventories in Changzhou have inched up by 300 tonnes to stand at 12,300 tonnes.

Outlook for the Indian Aluminium Industry

Meanwhile, in Nanchang, aluminium billet inventories have shrunk by 350 tonnes to stand at 20,350 tonnes, while that in Huzhou has remained restrained at 11,000 tonnes.


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.