Japanese aluminium premiums for April-June shipment set at USD 350-353/t (+79-81% from current quarter), sources suggest

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Japanese aluminium premiums for April-June shipment set at USD 350-353/t (+79-81% from current quarter), sources suggest

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EU's Dombrovskis says we have received assurances from the US that they intend to honour the trade deal

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Context

The substantial increase in Japanese aluminium premiums, rising by 79-81% for April-June shipments, signals strong demand and potential supply constraints in the aluminium market. This spike could elevate inflationary pressures and impact related currencies and commodities, particularly if market participants anticipate higher costs passing through to consumers.

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