The deal is 1.2% lower than the first quarter benchmark
, which had settled at $83 per tonne.
The $82 per tonne premium was agreed for up to 1,500 tonnes of aluminium ingot for April-June delivery and is on top of the London Metal Exchange cash price.
Aluminium premiums concluded in the second quarter are typically higher than the first quarter because it marks the start of Japan's financial year. But...