NEWSBREAK: MJP aluminium producer deals for Q4 conclude at $215, $220 per tonne

September 23, 2021 / www.metalbulletin.com / Article Link

The first producer deals for the supply of aluminium to main Japanese ports (MJP) for the fourth quarter of 2021 have been concluded at a premium of $215 and $220 per tonne cif MJP, market sources said.

Fastmarkets understands that the deals were between producers and market participants, although the tonnages had yet to be confirmed at the time of publication. Multiple market sources reported a deal concluded at $215 per tonne, and said that more than one end-user had secured volumes at $220 per tonne.
More deals are expected to emerge with negotiations still under way. At least one market participant indicated after office hours in Asia on Wednesday September 22 that a producer had again extended the deadline for negotiations to Friday.

Market sources had previously...

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