Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama fell by 1.7% year on year at the end of July, according to data released by major Japanese trading house Marubeni Corp.
Total aluminium stocks at the three ports stood at 341,400 tonnes on July 31, down by 5,900 tonnes from 347,300 tonnes at the end of June, figures released on Monday August 24 showed. This follows a 2.6% jump month on month in aluminium stocks in June.But on an annual basis, total aluminium stocks were up by 32,600 tonnes (10.6%) from 308,800 tonnes in July...