Aluminum Premiums to Japanese Buyers Tumble in Q4 on Ample Supply in Asia

SHANGHAI, Sept. 5 (SMM) – Aluminum premiums to Japanese buyers fell sharply for delivery in Q4 due to ample supply in Asian market. 

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Global aluminum producers offered aluminum premiums as low as $100/tonne to buyers in Japan for Q4 delivery, down 15%-16% from Q3.

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Quarterly talks began between Japanese buyers and major global suppliers, such as Alcoa, Rio Tinto and Rusal last week.     

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