S&P Global Platts assessed the daily spot Japanese import 99.7% Al P1020/P1020A premium at $77-$87/mt plus London Metal Exchange cash, CIF Japan on Sept. 9, unchanged from Sept. 8. The spot Japanese market continued to stagnate, market sources said. Tradable levels were around $77-$87/mt for October loading cargoes, which were aligned to Platts methodology. For quarterly premium negotiations under annual term contracts, a Western smelter concluded another deal at an $88/mt premium to LME cash, on a CIF Japan basis, for Good Western aluminum loading over the fourth quarter, 500-1,000 mt/month, on Sept. 8.
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