NEWSBREAK: First MJP Q4 deal concludes at $83/t premium, offers at $98/t - sources

August 29, 2020 / www.metalbulletin.com / Article Link

The first deal for the supply of aluminium to main Japanese ports (MJP) for the fourth quarter has concluded at a premium of $83 per tonne cif MJP, sources told Fastmarkets on Friday August 28.

The deal was for up to 1,500 tonnes of aluminium ingot in total for October-December delivery, with 500 tonnes to be delivered each month, and is on top of the London Metal Exchange cash price.
This quarter's inaugural MJP deal was concluded between a trader and an Asia-based end-consumer and comes a day after the first offer for fourth-quarter MJP was released at $95 per tonne.

According to sources that spoke to Fastmarkets, the...

Recent News

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com

Gold stocks mixed on moderate metal gain, flat equities

July 14, 2025 / www.canadianminingreport.com

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok