首页|Japan 3Q aluminium premiums up At 45 dollars-48 dollars/MT
Japan 3Q aluminium premiums up At 45 dollars-48 dollars/MT
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NSTL
Japan's record low primary aluminium stocks have promoted trading companies to conclude third-quarter aluminium premiums in a range of 45 dollars-48 dollars a metric ton, Japanese trading companies said. Market participants had expected premiums to rise following the report on record low primary aluminum stocks. All premiums are quoted over the London Metal Exchange cash price on a cost, insurance and freight basis to main Japanese ports. The third-quarter premiums are 10 dollars/ton higher that those in the second quarter, and marks the first rebound since last year. Japan's quarterly aluminium premiums started falling in the first quarter of 2001 to 67 dollars-68 dollars/ton, down from 73 dollars-74 dollars/ton in the previous quarter.