Japan Q4 aluminium premiums set at $255/T, down 35% from Q3
XLB•Premiums for aluminium shipments to Japanese buyers from October to December were set at $255 per metric ton, down 35% from the previous quarter, as supplies from the Middle East recovered.
1. Quarterly benchmark set
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. Five people directly involved in the pricing talks said the decline reflected recovering supplies from the Middle East. Japan’s quarterly premiums for primary metal shipments over the London Metal Exchange cash price serve as a regional benchmark.
