Aluminum Stockpiles Reach All-Time High in Japan

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Aluminum stocks have risen to 413,000-419,900 metric tons in Japan, which is an all-time high, putting pressure on prices as some companies want to destock before March, the end of the Japanese financial year, market sources told Platts today.

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Aluminum stocks at 3 main Japanese ports had expanded by the end of December, according to trading house surveys.

 

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