High aluminium stocks weigh on spot premiums in Japan

Spot aluminium premiums in Japan continue to fall in a well-stocked market, with first-quarter benchmark negotiations expected to gain momentum over the week.

“Those who want to get rid of material are offering around $390-400 per tonne [on a cif main Japanese ports basis],” a trader said, compared with premiums for the fourth...


Deepali Sharma

December 02, 2014

10:16 GMT