Some Japanese aluminum buyers set the aluminum premium in the third quarter at $79 / T

West Aluminum - West Aluminum Industry Telecom:According to foreign news on July 6, three sources directly involved in the pricing negotiations said that some Japanese aluminum buyers agreed to pay a global aluminum producer $79 a ton of aluminum premium in the quarter from July to September, down 3.7% from the previous quarter.

In April June this year, the aluminum premium was US $82 per ton, marking the fourth consecutive quarter of price decline, the lowest level since October December 2016, and also lower than the manufacturer's initial offer of $85.

Japan is Asia's largest aluminium importer, and the premium that Japanese buyers agree to pay each quarter on the basis of the London Metal Exchange (LME) spot price has become an Asian pricing indicator.

(Chongqing Xialu Xinda Aluminum Industry Co., Ltd. Publicity Department collates contributions)

Source: Network

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