Author: Drishya Yadav
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Japan: Aluminium premium negotiations see 18% rise q-o-q for Jul-Sept’24 period
Japanese aluminium buyers have agreed to pay global producers a premium of $172/t for July to September shipments, up 18% from the previous quarter, sources said. This is higher than the $145-$148/t paid in April-June but lower than initial offers of $175-$190. These premiums set the regional benchmark over the LME cash price.