Q4 2026 Japan MJP premium is $255/mt

Published: Oct 12, 2026 14:37 (GMT+8)

Save

SMM, October 12: The Q4 2026 Japan MJP premium is indicated at $255/mt, down $140/mt, or 35.4% quarter-on-quarter, from the Q3 settlement of $395/mt, pending final verification from buyers and sellers. Meanwhile, SMM’s Japan MJP spot premium currently averages $230/mt, $25/mt below the indicated Q4 level, showing that spot market pricing remains weaker than the quarterly reference.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

48 mins ago

Data: SHFE, DCE market movement (Oct 12)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 12 Oct , 2026

48 mins ago

1 hour ago

Alumina inventory buildup pressure persists, SHFE aluminum tug-of-war between longs and shorts maintains consolidation at lows [SMM aluminum futures brief review]

1 hour ago

SMM Aluminum Billet Weekly Shipments on October 12

[SMM Aluminum Billet Shipment] According to SMM statistics, aluminum billet shipments from major consumption sites of China totaled 55,900 tonnes during September 28-October 11.

1 hour ago

Related News

Data: SHFE, DCE market movement (Oct 12)

Oct 12, 2026 15:56 (GMT+8)

Alumina inventory buildup pressure persists, SHFE aluminum tug-of-war between longs and shorts maintains consolidation at lows [SMM aluminum futures brief review]

Oct 12, 2026 15:16 (GMT+8)

SMM Aluminum Billet Weekly Shipments on October 12

Oct 12, 2026 14:57 (GMT+8)

September Auto Sales Up 9% MoM, NEVs Account for 61.6% of Total New Vehicle Sales

Oct 12, 2026 14:53 (GMT+8)