Major aluminium producers have offered Japanese buyers premiums of USD 310-325 per tonne for primary aluminium shipments in the October-December quarter. The bar is 18-22 per cent lower than the USD 395 per tonne premium agreed for the current July-September quarter. The premium paid by Japanese...
Canada will raise tariffs on US steel and aluminium to 50 per cent from September 8 as part of a CAD 27.6 billion (USD 19.88 billion) retaliatory package, while Ottawa introduces CAD 7.5 billion (USD 5.4 billion) in support for workers and businesses affected by the trade dispute. Canada will...
Grow with
AL Circle
<p>Aluminium premiums in the U.S. market are logging an upward trend. They picked up last month in tandem with the rising aluminium prices and are now hovering at US$0.09 per pound. The recent surge in the metal imports is found to be supporting the premiums hike, says MetalMiner in the recent...
<p>2016 has been a positive year for primary aluminium after a long period of volatility. LME aluminium prices recovered 13.4% in 2016 ending the year with a rate of USD 1714 per ton. The market sentiment on aluminium has improved considerably since the beginning of 2016, when prices hovered at a...
<p>According to sources privy to quarterly pricing talks, premiums for aluminium imported into Japan during the first quarter this year are set at US$95 per ton. The sources, who spoke to Reuters on condition of anonymity, indicated that the rise in spot premiums due to production problems at...
<p>The premiums that Japanese buyers pay for aluminium are projected to stay between $80 and $140 a tonne next year, with a gradual rise later in the year on the back of healthy global demand, Japanese trading house Marubeni said on Wednesday.</p> <p>Japan is Asia's top aluminium importer and the...
<p>Some big aluminium producers seek a premium of $95-$110 per ton from Japanese buyers for primary metal shipments in the January to March period, up 27-47 percent from the previous quarter, five sources involved in pricing talks said on Friday.<br /><br />Japan is Asia's biggest importer of the...
<p>Aluminium traded on London Metal Exchange is showing extreme volatility. The contract after rising for six days in a row surged to peaks not seen since July last year during Friday’s trading. LME aluminium was 0.4 per cent higher at $1,705.50 a tonne, having peaked at $1,709.50. It finally...
<p>Aluminium traded on London Metal Exchange is expected to move between US$1,625-1,650/mt on Tuesday with positive technical indicators. SHFE 1612 aluminum should range between RMB 12,780-13,050/mt, said analysts at Shanghai Metals Market in an early morning forecast.<br /><br />LME aluminium...
<p>Japanese aluminium buyers will pay a premium of $75 per tonne over the London Metal Exchange (LME) cash price for their shipments in the fourth quarter of this year, says analyst Andy Home of Reuters. </p> <p><br />The settlement with producers, which will serve as the benchmark for Asian...
<p>Aluminium prices in China’s spot market turned from discounts into an all-time high premium of 570 yuan/tonne over SHFE front-month aluminium recently and SHFE 1611 aluminium ended last week up over 5 per cent. <br /><br /><img style="vertical-align: middle; display: block; margin-left:...
<p>In east China’s spot aluminum market, spot premiums of RMB 330-370/mt are expected over SHFE 1610 aluminum contract.<br /><br /><br /><br />The US dollar index fell back as the US Fed decided not to raise interest rate. Tight supply in domestic market pushed SHFE aluminum up. As such, LME...
<p>According to a Reuters report, physical aluminium premiums have stabilized in Europe and the United States mostly driven by tight market due to attractive financing deals and strong demand. However, premiums in Japan are still vulnerable and may plunge further due to supply glut in...
<p>Some Japanese aluminium buyers have agreed to pay producers a premium of $75 per tonne for shipments in the October-December quarter, reflecting softer spot premiums, two sources directly involved in the quarterly pricing talks said on Thursday.<br /><br />The deal, which marks a 17 to 19...
<p>A wide spread between import and domestic aluminum prices continued to keep Chinese buying interest at bay in August, despite premiums falling over the month, market participants said.<br /><br />S&P Global Platts assessed the aluminum spot premium delivered to Japan at $66-$74/mt plus LME...
<p>According to a latest Reuters update, a major international aluminium producer has offered buyers from Japan a premium of US $82 per tonne for primary metal scheduled for October-December shipment. The premium amount is lower by 9-12 per cent from the last quarter, reported sources involved in...
Aluminium prices are likely to hover between $1,500 and $1,700 per tonne for the later half of this year as oversupply will cap further gains, Akio Hamaji, the new chairman of the Japan Aluminium Association said on Thursday. "With uncertainty over the European economy after Brexit, it is unlikely...
Positive US ADP employment means US non-farm payrolls will not be bad, which will favor the US dollar. This will pile downward pressure on LME aluminium, with prices expected at USD 1,630-1,645/mt. SHFE 1609 aluminium will move at RMB 12,400-12,500/mt. In China’s spot aluminium market, spot...
Japanese aluminium buyers have agreed to pay producers a premium of $90 to $93 per tonne for metal imported in the July-September quarter, six sources directly involved in the quarterly pricing talks said. The deals, which mark a 19 to 23 percent fall from premiums of $115 to 117 per tonne...
Some Japanese aluminium buyers have agreed to pay producers a premium of $90 per tonne for metal to be shipped in the July-September quarter, two sources directly involved in the quarterly pricing talks said on Monday. The deal, which marks a 22-23 percent fall from a $115-117 per tonne premium...
