25.05.2016 - Japan's spot aluminum premiums continue to fall amid thin trade
Japan's spot aluminum import premium was assessed at $90-$92/mt plus London Metal Exchange cash, CIF Japan, Tuesday, down from $90-$100/mt plus LME cash CIF as low buying interest put pressure on sellers. A deal at $85/mt plus LME cash CIF Japan was reported closing this week between an international trader and a Japanese trader for 500 mt of primary aluminum for loading in Australia in June. The deal, however, was not taken into account as it was an extremely prompt cargo...............................................Full Article: Source
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