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Japan Q4 Aluminum Premiums to Find Support from Higher US Premiums

iconSep 12, 2017 11:12
Source:SMM
Aluminum premiums to buyers in Japan might fall only slightly in Q4 from Q3’s level thanks to higher premiums in the US and contango on the LME.

SHANGHAI, Sept. 12 (SMM) – Aluminum premiums to buyers in Japan might fall only slightly in Q4 from Q3’s level thanks to higher premiums in the US and contango on the LME.

Last week, two producers offered premiums to Japanese buyers at $100/tonne and $110/tonne, respectively, for delivery in Q4, CIF Japan, lower than Q3’s $118-119/tonne  
 
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Japan Q4 Aluminum Premiums

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