MJP aluminium stocks rise 8.9% m-o-m in April

Primary aluminium stocks at the three main Japanese ports (MJP) of Yokohama, Nagoya and Osaka rose 8.9% month on month in April, according to Marubeni Corp data released on Wednesday May 16.

MJP aluminium stocks totaled 267,100 tonnes at the end of last month, compared with 245,300 tonnes at the end of March. Total stocks at the end of March were also up by 6.7% from the same period of 2017. “The increase in April is small, and at most a recovery from the fiscal year-end [destocking],” a...

Published

Vivian Teo

May 16, 2018

09:13 GMT

Singapore