Visit our new Alternative Investment section.Click here

Less Ads, More Data, More Tools Register for FREE

Global aluminium producers seek Q2 premiums of $220-$250/T from Japan buyers, sources say

Thu, 26th Feb 2026 09:14

TOKYO, Feb 26 (Reuters) - ​Global ⁠aluminium producers have ​offered Japanese buyers premiums of $220 ​to $250 ‌per metric ton for April ⁠to June primary ⁠metal shipments, ​up 13% to 28% from the current quarter, three sources ​directly ‌involved in quarterly pricing talks said on Thursday.

Japan is a major ​Asia's importer of the ‌metal and the premiums for primary metal shipments ‌it agrees to pay each quarter over the London Metal ​Exchange cash price set the benchmark ‌for the region.

For the January-March quarter, Japanese buyers ⁠agreed ⁠to pay a premium ‌of $195 per ton <PREM-ALUM-JP>, up 127% ​from ​the prior quarter, ‌reflecting fears over tightening supply. (Reporting by Yuka Obayashi, Editing by Louise Heavens)

Corporate News Commodities Mining Construction & Materials Banking

Related News

Oil prices climb more than 3% on fears of new US-Iran combat
1 day ago

Oil prices climb more than 3% on fears of new US-Iran combat

* Brent and WTI set for hefty weekly ​gains

Oil prices rise as Trump says China wants to buy US crude
1 day ago

Oil prices rise as Trump says China wants to buy US crude

(Sharecast News) - Oil prices rose on Friday after US President Donald Trump said that China had agreed to buy oil from the US.

Oil ends flat as tanker crossings through Strait of Hormuz temper supply fears
2 days ago

Oil ends flat as tanker crossings through Strait of Hormuz temper supply fears

* Trump, Xi agree Hormuz must be open, says White House