TOKYO, April 21 (Reuters) - Some Japanese aluminium buyers have agreed to pay global producers a premium of $125 and $130 per tonne over the benchmark price for shipments in April to June, up 45-53% from the previous quarter, five sources directly involved in the pricing talks said.
The figures are higher than the $85-$86 per tonne premium paid in the January-March quarter and marks the first quarterly increase in six. Still, they are in line with or lower than the initial offers of $125-$145 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.
News: RIO Some Japan buyers agree to pay Q2 aluminium premium of $125-$130/T
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