MJP Al stocks continue decline in Jan; Nagoya stocks slump 6.5%

Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama fell 2.8% month on month at the end of January 2020, according to data released by major Japanese trading house Marubeni Corp.

Total aluminium stocks at the three ports totaled 305,200 tonnes on January 31, down by 8,800 tonnes or 2.8% from the end of December, figures released on Tuesday February 18 showed.
This follows a 2.2% month-on-month decline in aluminium stocks in December.

On a year-on-year basis, total aluminium stocks dropped 3% year on year, or 9,300 tonnes, from 314,500 tonnes to 305,200 tonnes, across the three...


Karen Ng

February 19, 2020

11:55 GMT