Aluminium P1020A (MJP) spot premium, cif Japan

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About Aluminium P1020A (MJP) spot premium, cif Japan Data

Refers to the premium paid for new aluminum bullion bound for Japan. The premium is paid by the buyer on top of the price of aluminum bullion on the LME, the international benchmark, when procuring aluminum bullion.The rates and fees are negotiated on a quarterly basis based on freight rates, commissions, and local supply and demand.Dollar price per ton.Revisions are being made based on interviews with trading companies and rolling mills that handle new bullion.

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