Japan's Q4 aluminium premium set at $94-95/T, down up to 21 pct from Q3 - sources 1

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Japan's Q4 aluminium
premium set at $94-95/T,
down up to 21 pct from Q3 -
sources
Reuters Staff 1 MIN REA D

TOKYO, Oct 11 (Reuters) - Japanese aluminium buyers have

agreed to pay producers a premium of $94 to 95 per tonne for
metal shipped during the October-December quarter, reflecting
weaker spot premiums, five sources directly involved in the
quarterly pricing talks said.

The deals, which mark a 19.5 percent to 21.0 percent fall from
the $118 to 119 per tonne premium PREM-ALUM-JP in the
previous quarter, mark a second consecutive quarterly decline.

Japan is Asia’s biggest importer of aluminium and the premiums

for primary metal shipments it agrees to pay each quarter over
the London Metal Exchange (LME) cash price set the
benchmark for the region.

Reporting by Yuka Obayashi; Editing by Vyas Mohan

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https://af.reuters.com/article/metalsNews/idAFL4N1MF08Z 12/10/2017
Japan's Q4 aluminium premium set at $94-95/T, down up to 21 pct from Q3 - sources 2

https://af.reuters.com/article/metalsNews/idAFL4N1MF08Z 12/10/2017