TOKYO, June 29 (Reuters) - Some Japanese aluminium buyers have agreed at least with two global producers to pay a premium of $148 a tonne over the benchmark price for July-September shipments, down 14% from the current quarter, two sources directly involved in the pricing talks said on Wednesday.
The figure is lower than the $172 per tonne paid in the April-June quarter and marks a third consecutive quarterly drop. It is also below initial offers of $172-$177 made by producers.
Japan is Asia's biggest importer of aluminium and the premiums PREM-ALUM-JP for primary metal shipments it agrees to pay each quarter over the benchmark London Metal Exchange (LME) cash price CMAL0 set the benchmark for the region.
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News: S32 Some Japanese buyers agree to Q3 aluminium premium of $148/T, down 14% from Q2
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Last
$2.62 |
Change
0.025(0.97%) |
Mkt cap ! $11.77B |
Open | High | Low | Value | Volume |
$2.59 | $2.63 | $2.56 | $21.96M | 8.448M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
43 | 267120 | $2.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.62 | 116792 | 36 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
42 | 271529 | 2.610 |
40 | 498612 | 2.600 |
28 | 318139 | 2.590 |
32 | 449409 | 2.580 |
20 | 170203 | 2.570 |
Price($) | Vol. | No. |
---|---|---|
2.620 | 88430 | 29 |
2.630 | 418190 | 71 |
2.640 | 437956 | 32 |
2.650 | 366139 | 23 |
2.660 | 209830 | 19 |
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