China’s aluminium billet inventories stood 4,000 tonnes higher at 60,200 tonnes

According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased 4,000 tonnes from last week. Higher arrivals at warehouses accounted for the increase in aluminium billet stocks.

Aluminium billet inventories now stood at 60,200 tonne as of Thursday, 03 September 2020.

Compared to last week, in Wuxi, Changzhou and Huzhou, the billet stocks rose by 390 tonnes, 2,550 tonnes and 2,000 tonnes to stand at 13,010 tonnes, 10,220 tonnes and 9,000 tonne on Thursday, 03 September 2020.

But the stocks in Foshan registered a decline of 4,200 tonnes from last Thursday. The stocks now came in at 15,900 tonnes. The inventories of aluminium billets in Nanchang increased from 8,820 tonnes to 12,050 today, marking a growth of 3,230 tonnes.

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