Taiwan's biggest aluminum consumer, C.S. Aluminium, has agreed to buy 8,000 metric tons of Good Western aluminium ingots for third-quarter usage in this week's tenders at premiums around 45 US dollars - 48 US dollars a ton, a senior official of the company said.Premiums are quoted over the London Metal Exchange cash price, on a cost, insurance and freight basis to Kaoshiung. C.S. Aluminium's premiums are in line with Japan's expected third-quarter fixed premiums. Although negotiations between Japanese trading companies and international suppliers - mostly Australian - are still ongoing this week, some Japanese trading companies have reported that the concluded premiums are in the 45 US dollars - 48 US dollars/ton range. Five aluminium producers won the tenders, but the official declined to identify the companies.
NSTL
