Three people directly involved in the quarterly price negotiations said that a global aluminium producer has offered Japanese buyers a premium of $165/mt for primary aluminium in the third quarter.
Three people directly involved in the quarterly price negotiations said that a global aluminium producer has offered Japanese buyers a premium of $165/mt for primary aluminium in the third quarter. This is 27-32% higher than the current quarter.
As the largest aluminium importer in the Asian region, its quarterly primary aluminium premium negotiations finalize the benchmark for the region.
In the April-June quarter, Japanese buyers agreed to a premium of $125-130/mt for primary aluminium, an increase of 45-53% from the previous quarter.
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