28 AUGUST 2024AlCircle.com
Q4 aluminium premium offer for Japan rises 8% due to supply constraints in Asia
Edited by : Debanjali Sengupta
2 min read
According to a recent report, Japanese buyers are offered a much higher premium, above $180 per tonne, for the shipment of primary aluminium in the fourth quarter of 2024, ending December 31. The news came after two people directly involved in quarterly pricing talks reported the matter on Wednesday, August 28.
Compared to the current quarter’s premium, the proposed premium for Q4 is about 8 per cent higher. A global producer has reportedly offered a premium of $185 per tonne over the LME aluminium benchmark price for the December quarter, up from $172 per tonne in the September quarter.
Unlock full access – sign up for FREE.
Key benefits
Find exclusive data-driven insights and in-depth analysis
Get our daily newsletter delivered straight to your inbox
Access real-time and historical price trends from global indices
Post and respond to latest business leads
Stay ahead with alerts on learning tools
...and so much more!SIGN UP / LOGIN
Previous article
China’s A00 Aluminium ingot price sees uptick today but remains down by RMB 1,230/t compared to three months ago
Next articleVedanta plans to set up industrial parks for aluminium, silver and zinc, says Anil Agarwal on LinkedIn
Grow with
AL Circle
