Japanese aluminium buyers recently agreed to pay premium above $170/t for Q3 shipments

According to a Reuters update, some Japanese aluminium buyers have agreed to pay a 45 per cent higher shipment premium than previously agreed for the July-September quarter.

In early July, some Japanese aluminium buyers agreed to pay only $118-119 per tonne of premium for the third quarter’s shipments. That was 36 to 37 per cent less than the premium of $185 to $190 per tonne offered by some global producers for Q3.