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The first quarterly premium aluminium offer for shipping of more than 1,000 mt / month was closed at $83/mt plus

Published On 09 Dec 2019 11:28 AM


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The first quarterly premium aluminium offer for January-March for shipping of more than 1,000 mt / month was closed at $83/mt plus London Metal Exchange cash payment average of the month of delivery, CIF Japan, Wednesday.

The transaction was announced by a Western manufacturer and later confirmed by a big Japanese end-user. The price premium is 14.4 per cent lower than the $97/mt Platts Q4 valuation and close to Q1 2019's $83-$85....


Tags : first quarterly premium aluminium, CIF Japan, Wednesday, Western suppliers, Japanese buyers and dealers,
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