off-the-wire

TABLE-Japan aluminium buyers to pay lower premiums for Jan-March imports

Kitco Media
By Reuters
Published:
Updated:
Reuters
TOKYO, Jan 31 (Reuters) - The premiums for aluminium shipments to Japanese buyers for January to March were set at $85-86 a tonne, down 13-14% from the previous quarter, reflecting slack demand and high stocks, six sources directly involved in pricing talks said. Following is a table of premiums agreed between Japanese
buyers and global suppliers since 2005.


Figures are per tonne, over cash LME, CIF basis:


Q1 Q2 Q3 Q4 2023 $85-86
2022 $177 $172 $148 $99 2021 $130 $148-149 $185 $220 2020 $83 $82 $79 $88 $83-85 $105 $108 $97
2019
2018 $103 $129 $132 $103 2017 $95 $128 $118-119 $94-95 2016 $110 $115-117 $90-93 $75 2015 $425 $380 $100 $90 2014 $225 $365-370 $400-408 $420 2013 $240-245 $248-250 $250 $245-247 2012 $112 $121-122 $200-210 $254-255 2011 $112-113 $113 $120 $118 2010 $128-130 $122-124 $120 $116-118 2009 $58-62 $56-58 $75 $115-120 2008 $65 $83 $87-88 $75-76 2007 $76-77 $71-73 $68-69 $65-66 2006 $56 $60-61 $73 $82-83 2005 $86-87 $79-80 $70-72 $63 (Reporting by Yuka Obayashi Editing by David Goodman )

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.