Japan Aluminum Premium was fixed on 65$, negotiation is going on

Tokyo, Dem. 4—Japan aluminum premium price is expect to fixed on 65$, domestic demanding is weak give much pressure, but premium price may stay on this, because of the strong demanding of other areas in Asia. Merchants said that the premium quote of primary aluminum suppliers that visited Japan in the end of November is 65$ higher than LME price. Japan is the biggest primary aluminum importer; annual demanding is expected to 2 million ton. The price fixed by Japan is the negotiation standard of other Asian countries.