MJP aluminium stocks continue decline in March; downstream demand dwindling

Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama edged down 0.4% month on month at the end of March 2020, according to data released by major Japanese trading house Marubeni Corp.

Total aluminium stocks at the three ports totaled 297,100 tonnes on March 31, down by 1,300 tonnes or 0.4% from the end of January, figures released on Friday April 3 showed. This follows a 2.2% month-on-month decline in aluminium stocks in February.

Total aluminium stocks were up 0.4% or 1,200 tonnes year on year from...

Published

Karen Ng

May 14, 2020

17:18 GMT

Singapore