global aluminum market supply is tightening with japans aluminum premium prices soaring in the third quarter

global aluminum market supply is tightening with japans aluminum premium prices soaring in the third quarter

  • Japanese Q3 2024 aluminum premium rises to $172/mt CIF Japan

    The Q3 premium increase was mainly attributed to higher tradable levels in the rest of Asia amid tight supply and higher freight costs, despite prevailing weak

  • First Japanese Q2 2024 aluminum premium deal reported at

    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

  • Japanese Aluminium Buyers Agree to Higher Premiums for Q3 2024

    Japanese aluminium buyers have agreed to pay a premium of $172 per metric ton over the benchmark price to two global producers for shipments in the third

  • Global aluminum market supply is tightening, with Japan

    According to foreign media reports on May 29th, a global aluminum producer has quoted $175 per ton for aluminum premium to be shipped to Japan in

  • Japanese Q2 2024 aluminum premium rises to $145-$146.50/mt

    Platts, part of SP Global Commodity Insights, assessed the second-quarter premium for imported primary aluminum at $145-$146.50/mt plus London

  • The latest premium bid for Japan Q3 aluminium shipments is

    According to a report on June 18, some global aluminium producers sought a premium of $185-190 per tonne from Japanese buyers for July-September

  • Japan buyers agree to Q2 aluminium premium of $172/T, sources

    The premium for aluminium shipments to Japanese buyers for April to June was set at $172 a tonne, down 2.8% from the previous quarter, as weak demand in

  • Aluminum producers seek up to 24 percent higher third quarter

    TOKYO (Reuters) - Two global aluminum producers have offered Japanese buyers a premium of $159-160 per ton for primary metal shipments for the

  • Yahoo Finance - UPDATE 1-Japan Q4 aluminium premium drops

    The premium for Japanese aluminium shipments for the fourth quarter was set at $97 per metric ton, down 24% from the prior quarter, as demand remained

  • Japan Q4 aluminium premium climbs by 19% to $220/T -sources

    TOKYO, Oct 5 (Reuters) - The premium for aluminium shipments to Japanese buyers for October to December was set at $220 a tonne, up 19% from the previous quarter,

  • Premiums up, stocks down; is the aluminum market tightening

    Japanese aluminum buyers will pay a premium for their second-quarter metal deliveries of $128 per tonne over the London Metal Exchange (LME) cash price.

  • Japan Q4 aluminum premium talks to begin this week amid ... - SP Global

    Negotiations for term premiums for primary aluminum exported to Japan in the fourth quarter are expected to start Thursday or Friday after one overseas supplier makes an offer to Japanese buyers, sources said Wednesday.

  • Japanese Q3 aluminum premium to LME falls to $148/mt - SP Global

    It marked the third consecutive decrease in Japanese quarterly premiums, reflecting the weak market outlook. Platts specifications are for all quarterly settlements on a CIF main Japanese port basis, negotiated before the quarter between two unaffiliated counterparties, for P1020/P1020A 99.7% primary aluminum ingot, with payment in cash

  • Three Japanese Q3 aluminum premium deals reported as delays

    Meanwhile, Platts, part of SP Global Commodity insights, assessed the Platts CIF Japan spot premium for 99.7% P1020/P1020A aluminum ingot at $102-$112/mt plus London Metal Exchange cash, CIF Japan, on Jul. 28, down $4/mt from Jul. 27.

  • CIF Japan Q3 aluminum premium rises to $185/mt - SP Global

    SP Global Platts assessed the third-quarter premium for imported primary aluminum at $185/mt plus London Metal Exchange cash, CIF main Japanese ports, on June 9, up 24.58% from $148-$149/mt for Q2. The increase marks the fourth consecutive quarter of price increases, from a previous $79/mt for Q3 2020 MJP assessed on July 13, 2020, or

  • Quarterly Japanese Aluminum Import Premium Explained SP Global

    Platts Japanese aluminum import premiums by SP Global Commodity Insights reflect the premiums charged over the London Metal Exchange cash contracts for standard ingot imported into Japan. The quarterly premiums are negotiated between Japanese buyers and overseas suppliers before the start of every quarter.

  • Aluminium Market Size, Industry Trends, Growth Analysis, 2032

    The global aluminium market size was valued at $229.85 billion in 2023 is projected to grow from $243.89 billion in 2024 to $393.70 ... Emirates Global Aluminum announced a partnership with Veolias RECAPP to promote product recycling in schools and universities ... Japan (By End-use) South Korea (By End-use) Indonesia (By ...

  • Japanese Q4 aluminum premium falls 33% on quarter to $99/mt

    Platts, part of SP Global Commodity Insights, assessed the fourth-quarter premium for imported primary aluminum at $99/mt plus London Metal Exchange cash, CIF main Japanese ports, on Oct. 5, down 33.1% from $148/mt assessed in the third-quarter as market sentiment remained bearish in Japan.

  • Japanese Q2 aluminum premium falls 2.8% on quarter to $172/mt - SP Global

    In addition, the Chinese import arbitrage window has remained closed since October 2021, contributing to the lack of support of premiums in the Asian aluminum market. Platts assessed CIF Japan spot premium for 99.7% P1020/P1020A aluminum ingot at $100-$110/mt plus London Metal Exchange cash, CIF Japan, on April 8, up

  • Japanese Q4 aluminum premiums rise to $190-$220/mt - SP Global

    According to various market participants, the opening of the Chinese import arbitrage window during the four weeks of the Q4 negotiations had exerted upward pressure on Japanese premiums. Meanwhile, Platts assessed the spot Japanese import premium at $175-$185/mt plus London Metal Exchange cash, CIF Japan, on Oct. 1, up

  • European primary aluminum market faces uncertain start to 2023

    Mixed outlooks and cautious optimism set the tone for the primary P1020 European aluminum market this year, ... Acknowledging positive long-term forecasts for the global aluminum market and reasonable end-user demand heading ... Supply hangs in the balance. Soaring energy costs through the year have battered European production

  • CIF Japan Q3 aluminum premium rises to $185/mt - SP Global

    SP Global Platts assessed the third-quarter premium for imported primary aluminum at $185/mt plus London Metal Exchange cash, CIF main Japanese ports, on June 9, up 24.58% from $148-$149/mt for Q2. The increase marks the fourth consecutive quarter of price increases, from a previous $79/mt for Q3 2020 MJP

  • Alcoa Set For Gains As Chinas Aluminum Market Surplus Grows, Global

    Additionally, supply constraints and substitution demand from copper are projected to push aluminum prices back up towards an average of $2,740 per metric ton in 2025. Alcoa Strategic Positioning

  • US ALUMINUM SERIES: New Year, new decarbonization goals for global

    The effort could include an overall commitment to reach net-zero emissions by 2050, as reported by Platts -- part of SP Global Commodity Insights. The aluminum industry is committed to rapidly reducing greenhouse gas emissions and acknowledges that investment and action is required to achieve global goals, IAI

  • First Japanese Q2 2024 aluminum premium deal reported at

    Platts, part of SP Global Commodity insights, assessed the CIF Japan spot premium for 99.7% P1020/P1020A aluminum ingot at $126/mt plus LME cash on March 21, up $1/mt on the day. Prices continue to be buoyed by rising premiums observed in South Korea, China and the broader Asian continent. Market views split on supply

  • Green aluminum market to take off in 2021: Rusal - SP Global

    It sees current aluminum market prices as favorable and sustainable in a more disciplined market than earlier, although we do need more closures, especially of high-carbon, pollutant producers, in China and ex-China due to market supply surplus, it said. Rusal is not eyeing any acquisitions in the market as its focus is on organic growth,

  • Aluminum - Price - Chart - Historical Data - News

    Aluminum increased 104 USD/Tonne or 4.36% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news -

  • Aluminum Price Forecasts Challenged by Global Market Dynamics

    The Aluminum MMI indicates a 3.07% increase amidst a complex market, with Russian aluminum surging to 90% of LME stocks and global demand showing varied trends.

  • Aluminium premiums still under pressure in Japan, Europe, Brazil,

    Japanese premiums dip on increasingly ... with offers heard below Fastmarkets assessed level in the third quarter of $148 per tonne. The fourth-quarter offers heard ... Supply headwinds in the tin market so far in 2024 and the recent sell-off in the futures market show that demand is recovering more slowly than ...

  • Daily Aluminum price, Lme Comex Shfe Price of Aluminum live

    Recently, the macroeconomic atmosphere has warmed up, and the operating rate of downstream aluminum has slightly increased [SMM Aluminum Morning Comment] Last Friday night, the most-traded SHFE aluminum 2409 contract opened at 19,295 yuan/mt, with a high of 19,445 yuan/mt and a low of 19,395 yuan/mt, closing at 19,395 yuan/mt,

Contact Us