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Japanese aluminum inventory decreases 10% in Mar m-o-m

26 Apr 2018 15:02 reported by Sienna Wu

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Marubeni Corporation, Japanese trade company, expressed that aluminum inventory decreased around by 10% from main Japanese ports (MJP). The total aluminum inventory from MJP was about 240,000 tons until the end of March.

A Japanese trader stated that there was a small declining margin because of the less aluminum output and the less consumption. Another Japanese trader estimated that MJP’s aluminum inventory might keep declining during April to May due to the lack of aluminum supply from United Company RUSAL Plc.