financetom
Business
financetom
/
Business
/
Global aluminium producer seeks Q2 premium of $260/T from Japan buyers, sources say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Global aluminium producer seeks Q2 premium of $260/T from Japan buyers, sources say
Mar 5, 2025 7:12 PM

TOKYO, March 6 (Reuters) - A global aluminium producer

has offered Japanese buyers a premium of $260 per metric ton for

April-June primary metal shipments, up 14% from the current

quarter, two sources directly involved in pricing talks said

this week.

Japan is a major Asian importer of the metal and the

premiums for primary metal shipments it agrees to pay each

quarter over the London Metal Exchange (LME) cash price

set the benchmark for the region.

For the January-March quarter, Japanese buyers agreed to pay

a premium of $228 per ton , up 30% from the prior

quarter. It marked the highest level in about 10 years.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Johnson & Johnson Unit Gets European Approval for Cancer Treatment
Johnson & Johnson Unit Gets European Approval for Cancer Treatment
Aug 29, 2024
01:16 PM EDT, 08/23/2024 (MT Newswires) -- Johnson & Johnson-backed (JNJ) Janssen-Cilag International said Friday that the European Commission approved Balversa as a once-daily oral monotherapy for adults with unresectable or metastatic urothelial carcinoma. The approval came after the company announced results from the phase 3 study, evaluating the efficacy and safety of Balversa, or erdafitinib, showing a 36% reduction...
--Macy's Keeps Quarterly Dividend at $0.1737 Per Share, Payable Oct. 1 to Shareholders of Record on Sept. 13
--Macy's Keeps Quarterly Dividend at $0.1737 Per Share, Payable Oct. 1 to Shareholders of Record on Sept. 13
Aug 29, 2024
12:46 PM EDT, 08/23/2024 (MT Newswires) -- Price: 15.95, Change: +0.78, Percent Change: +5.11 ...
WiMi Hologram Cloud Reports Identity Management Model Based on Blockchain
WiMi Hologram Cloud Reports Identity Management Model Based on Blockchain
Aug 29, 2024
11:57 AM EDT, 08/23/2024 (MT Newswires) -- WiMi Hologram Cloud ( WIMI ) said Friday that its R&D team has delved into the application potential of blockchain in the field of identity management. The decentralized nature of blockchain as an open distributed ledger offers the possibility of constructing a tamper-proof trust management system, the company said. WiMi said the team...
What's Going On With Marvell Technology Stock Friday?
What's Going On With Marvell Technology Stock Friday?
Aug 29, 2024
Marvell Technology, Inc. ( MRVL ) shares are moving higher on Friday, along with other semiconductor stocks, following Federal Reserve Chair Jerome Powell‘s comments regarding the economy and future rate cuts. What To Know: Powell’s speech at an annual economic conference in Jackson Hole, Wyoming supported interest rate cuts, according to Reuters. “The time has come for policy to adjust....
Copyright 2023-2026 - www.financetom.com All Rights Reserved