Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama fell 1.3% month on month in May,Japanese trading house Marubeni Corp said on Friday June 14.
Total aluminium stocks at the three ports totaled 296,000 tonnes at the end of May, compared with 300,000 tonnes at the end of April, reversing the plunge seen from February to March this year, according to Marubeni data. On a year-on-year basis, total aluminium stocks at the ports increased by 4.2% at the end of last month. Nagoya accounted for most of the month-on-month decline, with its inventory levels...