Industry News

Aluminium inventories at Japanese ports declined 3.4% in September: Marubeni Corp.

Views : 91
Update time : 2023-10-19 16:56:48
Aluminium inventories at three major Japanese ports, Yokohama, Nagoya, and Osaka, as reported by Marubeni Corp on October 16, 2023, decreased by 3.4 per cent to 348,300 tonnes by the end of September, down from 360,700 tonnes in the previous month.

A table indicates the aluminium inventories measured in tonnes at the major ports:

 

Ports

September 2023

August 2023

September 2022

Yokohama

153,000

160,200

157,600

Nagoya

175,700

179,700

203,100

Osaka

19,600

20,800

19,000

Total

348,300

360,700

379,700

Japan, the world's third-largest economy, depends on imported aluminium to meet its demand due to limitations in domestic production, however, Japan's estimated per capita aluminium consumption has reached 13 kilograms annually.

Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices