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Japan Dec Flat-Rolled Aluminum Pdt Stocks +1.5% On Month-METI

Fri, Jan 30 2009, 03:25 GMT
http://www.djnewswires.com/eu

Japan Dec Flat-Rolled Aluminum Pdt Stocks +1.5% On Month-METI

SINGAPORE (Dow Jones)--Japan's inventories of flat-rolled aluminum mill products in December rose 1.5% on month and 9.2% on year to 80,742 metric tons, according to preliminary data released Friday by the Ministry of Economy, Trade and Industry.

Output of flat-rolled aluminum mill products fell 22.2% from November and 24% from December of 2007 to 83,743 tons, the data showed.

Exports of flat-rolled products in December 2008 fell 15.8% on month and 20.1% on year to 80,578 tons.

For extruded products, inventories fell 4.3% on month and 7.5% on year to 10,814 tons.

Output of extruded products was down 10.8% on month and 21.6% on year at 60,310 tons.

Exports of extruded products fell 15.2% on month and 29.4% on year to 26,333 tons.

At 0305 GMT, the London Metal Exchange three-month aluminum contract was untraded on LME Select with bids at $1,373.50/ton, up $7.50 from Thursday's afternoon kerb.

 
   -By James Campbell, Dow Jones Newswires; 65-64154-082; james.campbell@dowjones.com 
 


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(END) Dow Jones Newswires

January 29, 2009 22:25 ET (03:25 GMT)


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