Japan is Asia's biggest importer of the light metal 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 Yuka Obayashi Editing by Tomasz Janowski)
TOKYO, April 27 (Reuters) - The premiums for aluminium
shipments to Japanese buyers for April to June were set at
$125-$130 a tonne, up 45-53% from the previous quarter, as spot
premiums elsewhere in Asia rose amid tight market, four people
directly involved in pricing talks said.
The figures compare with $85-$86 per tonne paid in the
January-March quarter and mark the first quarterly increase in
six quarters.
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