Japan Q4 aluminium premiums set at $255/T, down 35% from Q3, sources say

By Reuters News

- The premiums for aluminium shipments to Japanese buyers for October to December were set at $255 per metric ton, down 35%from the previous quarter, reflecting recovering supplies from the Middle East, five people directly involved in the pricing talks said.

Japan is a major Asian importer of the light metal, and the premiums for primary metal shipments it agrees to pay each quarter over the London Metal Exchange (LME) cash price serve as the regional benchmark.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk