Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
16 AUGUST 2017 AL CIRCLE

Seller-buyer gap widens in Japan aluminium import market; July stocks rise 3% MoM

EDITED BY : DIPANWITA GUPTA 2MINS READ

With the LME nearby spreads in backwardation during trading hours in London on Monday, August 14, the seller-buyer gap in Japan’s aluminium import market widened yesterday, reported market sources.

August 15 was the deadline for declaring the shipping September cargoes and there were few buyers who were seeking spot supplies. Two international traders said they had information about a seller making offers at US$70-$75 per tonne CIF Japan. The seller could be a trading house with aluminium stocks.

{alcircleadd}

News

Cash-August spread was US$4 per tonne in backwardation during Asian trading hours Tuesday, compared to flat Monday. Cash-September was US$15 per tonne in backwardation Tuesday, widening from a US$4 per tonne backwardation Monday, reported Hellenic Shipping News.  

Meanwhile, a producer said his indicative offers were US$90-$100 per tonne CIF Japan for September cargo. Other producers reported Monday deals into Oman at around $100 per tonne CIF.

Spot Japanese import premium was recorded at US$75-$76 per tonne plus LME cash, CIF Japan, on Tuesday, August 15, S&P Global Platts assessed.

News

According to another update by trading house Marubeni Corp, aluminium stocks at three major Japanese ports- Yokohama, Nagoya, and Osaka, rose to 268,000 tonnes by July end, up three per cent from the previous month.

Tagged with:

Aluminium Price Japan Market

Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : DIPANWITA GUPTA 2MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.