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Home - News - Global aluminium producers quoted $95/mt of premium to Japanese buyers in the first quarter

Global aluminium producers quoted $95/mt of premium to Japanese buyers in the first quarter

December 2, 2023
According to foreign news on December 1, three market sources directly involved in quarterly pricing negotiations said that a global aluminum producer quoted a premium of $95 per ton of aluminum in the first quarter of 2024 to Japanese buyers, down 2% from the current quarter.
Japan, Asia's largest importer of aluminium, has agreed to pay a quarterly premium for primary aluminium relative to the London Metal Exchange (LME) spot price that sets a benchmark for the region In the fourth quarter of 2023, Japanese buyers agreed to pay a premium of US$97 per tonne for aluminium, down 24% from the previous quarter.



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