January for Japan: Aluminium stocks slip 1.5% at the ports of Yokohama, Nagoya and Osaka

In its latest update on February 12, the trading house Marubeni Corporation reported the decline of aluminium stocks at three major ports of Japan, viz., Yokohama, Nagoya and Osaka. Stocks at the close of January settled at 312,200 tonnes, indicating a 1.5 per cent drop from the previous month (December 2025), which stood around 333904 tonnes. 

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In comparison with the previous year, aluminium stocks at the end of January 2025 closed at 324,700 tonnes, with Yokohama stocks at 135,400 tonnes, Nagoya at 170,200 tonnes and Osaka at 19,100 tonnes. Comparing the results in January 2025 with those in January 2026, the month-on-month analysis shows a decline of 3.85 per cent.

A report by NMSC shows the demand drivers in the Japanese aluminium market are the packaging/foil industry due to aluminium’s lightweight and durable properties. It is further being fuelled by the electronics sector for the excellent power conductivity and lightweight nature of the metal.

Sustainability and recycling being focal points in the present scenario, the essentiality of aluminium, especially in the packaging domain of the end-user sector, is seen to grow by the day in the Japanese market.

Thus, to uphold ESG standards, brands are shifting towards aluminium usage, which, according to the NMSC forecast, is expected to fetch a market revenue of USD 12.44 billion by 2030, achieving a CAGR of 4.9 per cent. Hence, despite the unprecedented underperformance in January 2026, aluminium holds the central stage at the Japanese industrial platform. 

Image for referential purposes only (source: https://www.alcircle.com/)

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