Japanese Q4 aluminum premium hits 2024 high on tight supply

The fourth-quarter premium for imported primary aluminum to Japan reached a 2024 high Oct. 7 on tight supply despite low demand, S&P Global Commodity Insights data showed. Platts assessed the Q4 premium for imported primary aluminum at $175/mt plus London Metal Exchange cash, CIF main Japanese ports, Oct. 7, up 1.7% from $172/mt in the third quarter, making Q4 premiums…The fourth-quarter premium for imported primary aluminum to Japan reached a 2024 high Oct. 7 on tight supply despite low demand, S&P Global Commodity Insights data showed. Platts assessed the Q4 premium for imported primary aluminum at $175/mt plus London Metal Exchange cash, CIF main Japanese ports, Oct. 7, up 1.7% from $172/mt in the third quarter, making Q4 premiums…Read More