Japan’s aluminum inventory decreases slightly in Oct
According to the latest statistics from Marubeni, one of the large-scale trading manufacturers, the aluminum inventory in Japan of October had decreased slightly in Osaka, Nagoya, and Yokohama, three of the main harbors in Japan.
Among them, the total inventory from the three main harbors in Japan was around 318,000 tons, decreased by around 2.7% month on month, and 0.9% decline year on year.
As the aluminum market in Japan was facing weak demand, the destocking power was still not strong.
