CHINA ALUMINIUM INGOT ADC 12 SNAPSHOT: MJP export price declines amid weak demand; domestic price edges up

摘要

Key data from the Wednesday January 23 pricing session in Asia.-Weak seasonal demand in Japan pressured export prices for aluminium ADC 12 alloy into main Japanese ports (MJP).-The recent depreciation of the Japanese yen against the dollar dampened buying interest from Japanese participants.-Japanese companies have begun destocking in anticipation of their fiscal year end in March.