TOKYO, Dec 11 (Reuters) - Aluminium stocks at three major Japanese ports rose about 7 percent to 271,500 tonnes in November from a month earlier, an official at Marubeni Corp <8002.T> said on Thursday.
The latest figures, which show stocks at Yokohama, Nagoya and Osaka, represented an increase of about 52 percent from a year earlier, and marked the fourth straight month of year-on-year rises.
A company official said that supplies going out were slowing down compared to peak periods, and were beginning to reflect the decline in demand.
Demand for aluminium, used in construction, transport and packaging, has been hit by the economic downturn, which has taken a toll on the broader economy leading, among others, to successive production cuts by automakers.
Following are details of Japanese aluminium stocks, including month-on-month and year-on-year comparisons (in tonnes):
Yokohama Nagoya Osaka Total
Nov 30 125,000 134,500 12,000 271,500
Oct 31 120,600 118,900 14,000 253,500
Sept 30 125,200 119,400 11,000 255,600
End-Nov 2007 88,600 77,500 12,000 178,100
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