Markets

Japan Q4 aluminium premiums set at $103/T, down 22pc from Q3

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The new premium compares with the $132 per tonne premium in the July to September quarter and follows three quarters of rising premiums.

The final price came below the initial offers of $112 to $115 made by producers.

Japan is Asia's biggest importer of aluminium and the premiums for primary metal shipments it agrees to pay each quarter over the London Metal Exchange (LME) cash price set the benchmark for the region.

Copyright Reuters, 2018