Thailand has opened a new anti-dumping exporter review covering Chinese aluminium extrusions, with a provisional 21.94 per cent cash deposit rate set for the applicant. Thailand's Department of Foreign Trade has initiated a new exporter review covering aluminium extrusions from China, adding...
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...
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Singapore aluminum premiums are rising amid tightening supply in Southeast Asian terminals as large volumes of metal move into long-term financing deals. In Singapore warehouses, premiums to three-month London Metal Exchange aluminum are around $90-$100 a metric ton, $15 higher than a month ago,...
Premiums for primary aluminum exported to Japan in the second quarter have settled mostly at $115-122/mt to London Metal Exchange cash CIF Japan, while talks involving two major overseas producers continue, sources said Thursday. Japanese buyers and overseas supplier sources said they have agreed...
Midwest aluminum premiums for prompt delivery hit 9 cents per lb, closing in on a record set last May, as buyers pay ever-higher prices to compete with hefty warehouse incentives. The latest increase, spurred mostly by rising warehouse incentives rather than any meaningful pickup in demand, is...
P1020 aluminum premiums have continued strengthening this week, increasing 30 points from a week ago to hit a 10-month high of 8.6 cents/lb plus LME cash, Platts data showed Wednesday. The Platts premium rose another 10 points late Tuesday as traders and producers said they thought prices could...
Two aluminium buyers in Japan have agreed second-quarter premiums to be paid to producers of $115 per tonne, slightly higher than for the current quarter, while most other Japanese firms are still negotiating for lower premiums, two sources directly involved in the matter said. The agreed figure is...
Two aluminum buyers in Japan have agreed second-quarter premiums to be paid to producers of $115 per tonne, slightly higher than for the current quarter, while most other Japanese firms are still negotiating for lower premiums, two sources directly involved in the matter said. The agreed figure is...
Premiums paid for aluminum in Europe are poised to rise further on prospects for limited supply of the lightweight metal, according to researcher CRU. The fees, added to the price of immediate-delivery aluminum on the London Metal Exchange, reached $180 to $190 a metric ton this month in Rotterdam,...
Rio Tinto Alcan is asking Japanese buyers to increase the premium they pay on primary aluminium shipments to $132 per tonne for the April-June quarter, two sources involved in informal talks between the two sides said on Wednesday. That compares with premiums of $112-114 paid over the London Metal...
Midwest spot market aluminum premiums for prompt delivery were up at the start of the year, underpinned by a healthier demand outlook and persistent cash-and-carry deals at the warehouses that have choked off spot metal flows, sources told Reuters. A series of output cuts last month at various...
The European physical aluminium market has continued to see more optimistic sentiment develop on the back of tighter supply for some grades and increased spot business. "It's moving up," one European trader said. "Everyone is offering higher. It's the closure of plants and the lack of good-quality...
Premiums for physical aluminium in Europe are set to rise further over the next few months as the impact of recent smelter shutdowns is felt in the market, raising costs for automakers and packaging companies. The closures will add to increasing pressure on premiums from financing deals, in which...
Premiums for physical aluminium in Europe are set to rise further over the next few months as the impact of recent smelter shutdowns is felt in the market, raising costs for automakers and packaging companies. The closures will add to increasing pressure on premiums from financing deals, in which...
Traded prices of spot aluminum in Shanghai were between RMB 15,830-15,860/mt on Thursday, with premiums of RMB 40-60/mt over the SHFE current-month aluminum price. Low-iron aluminum was traded between RMB 15,840-15,880/mt in Shanghai. Traded prices of spot aluminum in Wuxi were between RMB...
Japan's aluminium buyers have won a 5 percent cut in premiums charged by producers for the January-March quarter, down for the second consecutive quarter, as a global economic slowdown hurts demand, sources directly involved in the deals said. Japan consumes about 2 million tonnes a year of...
More large shipments of aluminium are expected to enter warehouses registered by the London Metal Exchange before the year is out, driving stockpiles to a new record above 5 million tonnes and helping to depress premiums, traders said on Tuesday. In November, traders said large inflows were...
Term aluminum premium talks between Australian suppliers and Japanese buyers are not making progress, with Rio Tinto and BHP seeking a $114-115 per tonne premium and Japanese buyers aiming for a level below $110, down from $118 in the fourth quarter, mills and traders said. Settlement for the...
Aluminum suppliers are offering first-quarter contract premiums to Japanese buyers around $114 to 115 a metric ton as negotiations for January-March shipment start against a background of soft domestic demand, suppliers told Dow Jones Newswires. First-quarter charges are expected to settle lower...
"We are certainly looking at two-digit premiums next year. Spot physical metal supply has risen and spot premiums have fallen," said a purchaser at a semi-finished aluminum products producer in Asia. The firm also was worried that demand for aluminum products in the euro region and the United...
