NEWSBREAK: More producer MJP aluminium Q2 deals conclude at $148/t

March 04, 2021 / www.metalbulletin.com / Article Link

Further deals for the supply of aluminium ingot to main Japanese ports (MJP) for the second quarter concluded on Wednesday March 3 at a premium of $148 per tonne cif MJP, market sources told Fastmarkets.

The deals were agreed at a premium of $148 per tonne on top of the London Metal Exchange cash price, just below the level agreed in deals on Tuesday at $149 per tonne.

Multiple market participants reported hearing of the deals from producers to traders and consumers. The deals were said to be for least 1,000 tonnes per month....

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