The second deal for first-quarter aluminium ingot supply to main Japanese ports (MJP) was concluded at a premium of $130 per tonne cif MJP, market sources told Fastmarkets on Monday December 7.
The is the first producer sale for first-quarter supply and is for a minimum of 3,000 tonnes of aluminium ingot in total for January-March delivery. The premium is paid on top of the London Metal Exchange cash price.The deal was concluded between a producer and an end-consumer, market participants said, and follows a deal at $125 per tonne, cif MJP, which concluded last week after...