Japanese aluminum buyers agree to $350/t Q2 premium following Rio Tinto's revised offer amidst Middle East tensions

Source: AL Circle Mar 18, 2026 15:50

For deliveries scheduled during the April-June quarter, Japanese aluminum buyers agreed to the payment of a USD 350 per tonne premium, which buyers will pay in addition to the current base price on the London Metal Exchange.

At the end of February, global aluminum producers had suggested a premium of USD 220 to 250 per tonne for the buyers in Japan for April-June quarter (Q2 2026). That was already 13 to 28 per cent higher than the premium of USD 195 per tonne agreed for the

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