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First Japanese Q2 2024 aluminum premium deal reported at $145/mt CIF Japan

March 22, 2024 Comments Off

The first quarterly aluminum premium contract for shipment volumes of 1,000 mt/month or more over April-June was reported at $145/mt, plus London Metal Exchange cash settlement average of the shipment month, CIF Japan. The deal was reported by a Western producer on March 21 after the Asian close. The reported premium for this first Q2 2024 MJP deal represents an…