Aluminum Stockpiles in Japan Drop Most in 3 Months in September

Aluminum stockpiles in Japan declined 7.4 percent in September, the most in three months, trading company Marubeni Corp. said by e-mail today.

Inventories held in Yokohama, Nagoya and Osaka ports decreased to 242,300 metric tons at the end of last month from 261,600 tons on Aug. 31, according to Marubeni. The volume reached in July the lowest level since June, 2012.

A breakdown of stockpiles data follows:

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                Yokohama     Nagoya     Osaka    Total
=============================================================
Sept. 30, 2013   109,100    117,200    16,000   242,300
Aug. 31,  2013   122,100    124,500    15,000   261,600
July 31,  2013   122,000     98,000    14,000   234,000

To contact the reporter on this story: Aya Takada in Tokyo at atakada2@bloomberg.net

To contact the editor responsible for this story: Brett Miller at bmiller30@bloomberg.net

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