Tag: Asia aluminium benchmark price
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Japan: Aluminium premium for Q3CY’25 plunges 41% q-o-q as demand weakens, stocks rise
Japan’s aluminium premium for Q3CY’25 dropped 41% q-o-q to $108/t, the lowest since early 2024, due to weak demand, high port inventories, and market oversupply. This premium, which sets the benchmark for Asia, fell as buyers gained leverage, with limited spot deals and rising stocks pressuring producers during negotiations.