After a rise of 0.9 per cent to 321,000 tonnes in November, aluminium stocks at three major Japanese ports at the end of December recorded a drop of 2.2 per cent to 314,000 tonnes, according to Reuters report.
In October also the stocks had registered a fall of 2.6 per cent from 326,473 tonnes in September to 318,200 tonnes.
Marubeni Corporation data showed the aluminium stocks at Yokohama, Nagoya, and Osaka in December stood at 160,000 tonnes, 139,000 tonnes, and 15,000 tonnes, respectively. The stocks at Yokohama increased 3.2 per cent month-on-month from 155,000 tonnes and 6.17 per cent year-on-year from 150,700 tonnes. But at Nagoya, the stocks decreased 8 per cent month-on-month as well as year-on-year from 151,200 tonnes and 151,100 tonnes, respectively. At Osaka, however, the stocks remained flat at 15,000 tonnes.
The total stocks at three major Japanese ports in December decreased almost 1 per cent from 316,800 tonnes during the same period last year.
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