Japan is Asia's biggest importer of aluminium and the premiums for primary metal shipments it agrees to pay each quarter over the benchmark London Metal Exchange (LME) cash price set the benchmark for the region. (Reporting by John Stonestreet)
TOKYO, April 21 (Reuters) - Some Japanese aluminium
buyers have agreed to pay global producers a premium of $125 and
$130 per tonne over the benchmark price for shipments in April
to June, up 45-53% from the previous quarter, five sources
directly involved in the pricing talks said.
The figures are higher than the $85-$86 per tonne premium
paid in the January-March quarter and marks the first quarterly
increase in six. Still, they are in line with or lower than the
initial offers of $125-$145 made by producers.
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