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Japan's aluminum premium hikes for Q1 2021 due to rising demand

25 Dec 2020 14:47 reported by Joy Liu

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It was understood from market sources that Japan’s aluminum premium hiked to US$130/ton for the first quarter of next year as the demand has recovered from the COVID-19 epidemic, hitting the highest level since the third quarter of 2018, surging by 48% compared to the fourth quarter of this year.

The news also indicated that Japan’s quarterly aluminum premiums have risen for two consecutive quarters.