Third-quarter 2021 supplies of aluminium to main Japanese ports (MJPs) are on offer at a premium of $180-190 per tonne over the London Metal Exchange cash price, market participants told Fastmarkets on Monday May 17.
The producer offer is 24.6% higher than the cif MJP premium for the second quarter, which settled at $148-149 per tonne.The aluminium arbitrage window to China, which has been open since April 29 of this year, was the main driver of...