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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$2.59 |
Change
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Mkt cap ! $11.66B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 865 | $2.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.39 | 1424 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 139730 | 2.570 |
29 | 160619 | 2.560 |
29 | 86322 | 2.550 |
21 | 84295 | 2.540 |
24 | 99423 | 2.530 |
Price($) | Vol. | No. |
---|---|---|
2.580 | 15843 | 9 |
2.590 | 81307 | 16 |
2.600 | 68210 | 13 |
2.610 | 60600 | 12 |
2.620 | 84543 | 11 |
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