Tag: Q4 MJP negotiations
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Japan: Aluminium Q4 MJP negotiations advance as some deals emerge at $255/t
Weak demand keeps Japanese spot premiums under pressure Buyers continue seeking lower quarterly premium settlements Japanese aluminium Q4 main Japanese ports (MJP) premiums settled at $255/t CIF Japan on October 7, down 35% from Q3’s $395/t, as weak primary aluminium demand and cautious buying weighed on negotiations. As per market sources, three deals were reported…