MJP aluminium stocks fall 4.4% in August on growing demand [CORRECTED]

Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama fell by 4.4% month on month at the end of August, according to data released by major Japanese trading house Marubeni Corp.

Total aluminium stocks at the three ports stood at 326,500 tonnes on August 31, down by 14,900 tonnes from 341,400 tonnes at the end of July, figures released on Wednesday September 30 showed.
On an annual basis, however, total aluminium stocks inched up by 400 tonnes, or 0.12%, from 326,100 tonnes in August 2019 across the ports, data shows.

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