MJP aluminium stocks inch up 1.4% in June vs May

July 17, 2019 / www.metalbulletin.com / Article Link

Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama rose 1.4% month on month in June, data released by major Japanese trading house Marubeni Corp on Tuesday July 16 showed.

Total aluminium stocks at the three ports totaled 300,000 tonnes at the end of June, compared with 296,000 tonnes at the end of May, reversing the fall seen from April to May this year. On a year-on-year basis, total aluminium stocks at the ports have fallen by 2.2% in June from 306,900 tonnes last year. Nagoya accounted for most of the month-on-month growth, with its inventory...

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