Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama fell by 2.2% month on month at the end of February 2020, according to data released by major Japanese trading house Marubeni Corp.
Total aluminium stocks at the three ports totaled 298,400 tonnes on February 29, down by 6,800 tonnes or 2.2% from the end of January, figures released on Friday April 3 showed.Stock levels have been declining because Japanese consumers are buying smaller volumes and bringing less aluminium into the ports. The decline...