Q3 MJP aluminium premium discussed below $100/t, market participants say

Primary aluminum buyers in Japan and some global producers are discussing premiums for third quarter delivery of the light metal at $90-105 per tonne, market sources told Metal Bulletin this week.

Buyers are using the high stock availability in Japan – over 500,000 tonnes as per the latest data from Marubeni Corp – to bargain for a significant decline in next...

Published

Deepali Sharma

June 23, 2015

12:31 GMT

Singapore