Japan aluminum premium fixed on $64-66/ton in 1Q

UK “Metal Paper” said Japan aluminum premium from Jan. to Mar. is $64-66/ton CIF, most of the agreement price is $65/ton. Tokyo trader said this is a reasonable price to buyers and sellers. This negotiation was going smoothly, suppliers and purchasers has no big differences. Asian counties such as South Korea and Taiwan demand are strong. A South Korea producer said in the hot season, owe to the shortage of China supplying, some purchased tend to buy western aluminum ingot.