Fastmarkets' premium for the supply of aluminium to main Japanese ports (MJP) in the first quarter of 2021 has settled at $130 per tonne, its highest since the third quarter of 2018.
The latest aluminium P1020A (MJP) quarterly premium, cif Japan is on top of the London Metal Exchange cash price and for January-March delivery. The premium is up 47.7% from $88 per tonne in the fourth quarter of 2020.The last time the premium settled above $100 per tonne was the third...