A second deal for fourth-quarter aluminium ingot supply to main Japanese ports (MJP) was concluded at a premium of $83 per tonne cif MJP, market sources told Fastmarkets on Monday August 31.
The deal was for 1,500-3,000 tonnes of aluminium ingot in total for October-December delivery, with 500-1,000 tonnes to be delivered each month. The premium is paid on top of the London Metal Exchange cash price.The deal, concluded between an international trader and a Japan-based trader, follows an initial deal at the same premium at the end...