Asian aluminum premiums steady amid weak demand
Oct 23, 2012 | 11:41 AM
| Shivani Singh
Tags
Asia premiums,
aluminum premium,
aluminum,
MJP,
LME,
Shivani Singh
SINGAPORE — Aluminum premiums in Asia have held steady in recent days, with few deals concluded as market participants look toward final negotiations for next year’s contracts.
In the third quarter, Japanese spot premiums rose to $250 per tonne, much higher than the major Japanese port (MJP) premiums settled for the third quarter at $200 to $210 per tonne.
In the fourth quarter thus far, spot MJP premiums have been about $250 to $255 per tonne, close to the fourth-quarter premiums settled at $253 to $255 per tonne. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here