
Amid ample aluminium supplies in Asia and weak demand from the electronic and auto industries, premiums for aluminium shipments to Japan for October to December have been set at $97 per tonne, down 10 per cent quarter-on-quarter. The news came after three sources directly involved in the price talks said.

The figure is lower than the $108 per tonne paid in the July-September quarter, marking the first quarterly drop. It is also lower than the initial offers of $105-$115 made by producers.
Japan is Asia’s biggest importer of the light metal and the premiums PREM-ALUM-JP for primary metal shipments it agrees to pay each quarter over the benchmark London Metal Exchange (LME) cash price set the benchmark for the region.
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