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Aluminium stocks in Japan down 0.6% on-month in August
Edited by : Dipanwita Gupta
1 min read
According to data sourced from three major ports in Japan, aluminium stocks in the country slid 0.6 per cent month-on-month to stand at 304,200 tonnes at the end of August 2016, Marubeni Corp reported on Friday.
Marubeni is a major Japanese integrated trading and investment business conglomerate that handles products and provides services in a broad range of industries. For commodities, Marubeni collects data from Yokohama, Nagoya and Osaka Ports.
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In July, Japanese aluminium stocks at country’s three major ports were down at 300,000 tonnes from a record 500,000 tonnes plus in May 2015, but that was still above 230,000-270,000 tonnes in early 2014.
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