On Thursday, November 16, China’s aluminium billet inventories dropped by only 1,000 tonnes week-on-week to stand at 97,500 tonnes, according to the Shanghai Metals Market survey. The downfall occurred in Foshan, Wuxi, Changzhou, and Huzhou but was slightly offset by the hike in Nanchang.
To know the status of China’s aluminium billet inventories in more details as of November 16, refer to the chart below: