Japanese Buyers And Sellers Finally Settle On Third Quarter Aluminium Premium Of US$127.50
A Japanese buyer has taken the plunge into third quarter pricing this week, agreeing to pay a global premium of...
Japanese aluminium premium contract
Japanese Aluminium Traders Agree On US$127.50 Premium In Third Quarter
According to sources with knowledge of the situation, Japanese aluminium buyers and sellers have agreed to a premium of US$127.50 per metric ton above London Metal Exchange aluminium prices in the third quarter, as low demand and sufficient aluminium stocks continue to...
Japan Aluminium Premiums Drop By 33 Percent In Fourth Quarter
Fourth quarter aluminium prices in Japan took a tumble this week, as buyers are reporting a steep drop in premiums...
Sumitomo Predicts Premiums For Japanese Aluminium Will Continue To Fall
Next year’s aluminium premiums in Japan will likely fall in the US$125 to US$148 range, but Russian supplies of the...
Events
Fourth Quarter Aluminium Premiums Rise For First Time In Five Quarters To US$88 Per MT
Hints of a recovery in demand for aluminium in Japan came in the form of a rise in contracts for fourth-quarter premiums, as a quartet of anonymous sources told Reuters that buyers have already agreed to pay US$88 per metric ton above LME prices. “We have agreed with a producer at $88 a tonne this […]
Japan Aluminium Third Quarter Premiums Dip By 3.7 Percent Thanks To Weak Demand
A trio of sources who spoke to Reuters said that Japanese buyers are settling on premiums of around US$79 per metric ton for aluminium shipments for the third quarter, which represents a drop of 3.7 percent over premiums paid for shipments during the second quarter of this year. Per the sources, coronavirus bears the guilt […]
Japan’s First Second Quarter Aluminium Premiums Deal Lower By 22 Percent From 2019
Japan saw the first significant aluminium delivery deal for the second quarter of this year settle at US$82 per metric ton above London Metal Exchange cash price earlier this week according to industry sources who spoke to metals media. Per S&P Global, the anonymous source said the deal was for over 500 metric tons per […]
Japanese Premiums For Aluminium Shipments Increase By 3 Percent In Third Quarter
Third-quarter premiums for Japanese aluminium shipments will rise by 3 percent to US$108 per metric ton thanks to a fall-off in supply that overrode apprehension over a possible drop in regional demand. The rise in premiums is the second consecutive rise, following an increase to US$105 per metric ton in April. Sources who spoke to […]
Handful Of Japanese Buyers Still Negotiating Q4 Premiums For Billet, Slab, Foundry Alloys
Per buyer sources who spoke to industrial media late last week, a few Japanese aluminium customers are still negotiating fourth quarter aluminum premium for billet, slab, and foundry alloys. However, negotiations for standard ingot billets have concluded, they revealed. S&P Global Platts reported that sources informed them on Thursday that certain producers have come to […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
