- Japanese major aluminium ingot buyers and overseas sellers have agreed $85/t premium for Jan-Mar’23 shipments, lower by 14% q-o-q, as per Japan Metal Daily.
- The premium fell below the $100/t-mark for the second consecutive quarter, indicating weak domestic demand. Also, this is the fifth consecutive quarterly fall.
- However, many customers were negotiating at $80/t but it did not work out.
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