Primary aluminium stocks at the three main Japanese ports (MJP) dropped 7% month on month in November, based on data released by major Japanese trading house Marubeni on Thursday December 13.
Total MJP aluminium stocks stood at 295,400 tonnes at the end of November, compared with 317,300 tonnes at the end of October, the third consecutive drop since September. The total stock level, however, remains 22% higher than a year ago. Nagoya registered the biggest decrease...