Q1 MJP aluminium premium talks begin at $120 per tonne

A major aluminium smelter has offered Japanese traders and end-users a premium of $120 per tonne for the first quarter of 2016, according to sources.

This would indicate a 33% jump from a premium of $90 per tonne for the fourth quarter this year but a 72% slump in premium from first quarter 2015 of $425 per tonne. Market participants are expecting the first-quarter 2016 MJP premium to be settled at a lower level than the...

Published

Linda Lin

December 01, 2015

06:24 GMT

Shanghai