MJP aluminium stocks decline by 20.9% y-o-y in November

Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama fell by 20.9% year on year at the end of November, according to data released on Friday December 25 by major Japanese trading house Marubeni Corp.

Aluminium stocks at the three ports totaled 254,000 tonnes on Monday November 30, down by 67,200 tonnes from 321,200 tonnes in November 2019, according to the data.
Stocks across the three ports also dropped by 25,100 tonnes (9%) from 279,100 tonnes at the end of October.

Inventories at the port of Nagoya...

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