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Japan Q4 Aluminium Premiums Set at USD 97-The 21st China(Guangzhou) Int’l Forging Industry Exhibition
10/2/2019 锻造展- Forging Industry exhibition - Forging expo |
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Reuters quoted three sources directly involved in the pricing talks as saying that premiums for aluminium shipments to Japan for October to December were set at USD 97 per tonne, down 10% from the previous quarter, amid ample supplies in Asia and softening demand from the electronics and auto industries. The figure is lower than the USD 108 per tonne paid in the July-September quarter and marks a first quarterly drop in three. It is also lower than the initial offers of USD 105 to USD 115 made by producers.
Japan is Asia’s biggest importer of the light metal and the premiums for primary metal shipments it agrees to pay each quarter over the benchmark London Metal Exchange cash price set the benchmark for the region.
锻造展-第二十一届广州国际锻造工业展览会
-The 21st China(Guangzhou) Int’l Forging Industry Exhibition
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