It was understood from market sources that Japan’s aluminum premium fell to US$177/ton for the first quarter this year, a quarter-on-quarter decrease of 19.5%. The drop was due to the eased local spot premiums and overseas prices. It was the first decrease in six quarters.
Marubeni Corporation, a major trading company in Japan, has foreseen that Japan’s aluminum premium will be in the range of US$140-250/ton this year.
Japan’s aluminum premium falls in Q1
7 Jan 2022 15:19 reported by Joy Liu
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