According to Sumitomo Corporation, Japan’s aluminum premium for the October-December quarter was expected to rise to US$90/ton, higher than the US$79 for this quarter (July-September).
The rise in aluminum premium for the October-December quarter was mainly due to returns of industry demand and inventory financing trade, as well as a recovery in aluminum demand from the automotive and construction industry.
Sumitomo Corporation: Japan's aluminum premium to reach $90/ton in Oct-Dec quarter
27 Aug 2020 14:13 reported by Joy Liu
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