| S&P Global Platts assessed spot premiums for aluminum imports into Japan at $76-$77/mt plus LME cash CIF Japan Wednesday, down from $79-$80/mt the day before, under pressure from rising stocks in Asia.
An international trader bought 1,000 mt of ingot at $76-$77/mt plus LME cash CIF Japan last week. The metal was 99.7% purity-guaranteed material excluding Russian, Indian, Malaysian, Egyptian, and Iranian origins. Continuing downward pressure was likely to result in a further fall in premiums, buyer and seller sources said...............................................Full Article: Source
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