| Japanese diecast aluminum alloy prices were capped despite the strong yen encouraging imports, because of excess domestic supply, market sources said. Import trades picked up this week on the stronger yen at Yen 100.50-100.70 to a dollar compared with Yen 101-102 last week.
One Japanese trader had concluded deals at $1,685-$1,720/mt CIF Japan, for 200-500 mt lots of Chinese ADC12 for November loading, saying that the stronger yen allowed deals in a wider range above $1,700/mt CIF Japan..........................................Full Article: Source
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