TOKYO, April 5 (Reuters) - Some Japanese aluminium buyers have agreed with at least two global producers to pay a premium of $172 a tonne over the benchmark price for April-June shipments, down 2.8% from the previous quarter, three sources directly involved in the pricing talks said.
The figure is lower than the $177 per tonne paid in the January-March quarter and marks a second consecutive quarterly drop. It is also lower than initial offers of $195-$250 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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$2.61 |
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0.020(0.77%) |
Mkt cap ! $11.75B | |||
| Open | High | Low | Value | Volume |
| $2.59 | $2.63 | $2.56 | $38.85M | 14.91M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $2.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
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