Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama rose 1.4% month on month in April, data released by major Japanese trading house Marubeni Corp on Friday May 17 showed.
Aluminium stocks at the three ports totaled 300,000 tonnes at the end of April, compared with 295,900 tonnes at the end of March, reversing the plunge in March when stocks fell by 7.7% on a monthly comparison. On a year-on-year basis, aluminium stocks at the ports have climbed by 12.3% as of the end of April. Stock volumes increased the most at Yokohama, rising by 3,500 tonnes to 150,900 tonnes in April. Nagoya inventory also rose slightly by 600...