Q3 MJP aluminium premium settles at $118-119/t [UPDATED]

Third-quarter main Japanese port (MJP) premiums have fallen 7.4% quarter-on-quarter and settled in a range of $118-119 per tonne, according to deals reported to Metal Bulletin.

Deals for a total of 50,000 tonnes of the light metal for July-September delivery at $118-119 per tonne have been reported to Metal Bulletin. Second quarter premiums had settled at $128. “We concluded at a third quarter premium of $118 with our biggest western supplier [on Monday] evening,” a major consumer from Japan said on Tuesday June 20, adding that they had settled with a second producer at...

Published

Shivani Singh

June 20, 2017

10:57 GMT

Singapore