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Home > Aluminium In Japan, The MJP Premium Falls 35.4%: Recovering Stocks And Weak Demand Weigh On The Fourth Quarter

Aluminium In Japan, The MJP Premium Falls 35.4%: Recovering Stocks And Weak Demand Weigh On The Fourth Quarter

19 October 2026 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecasts - Industrial Metals, News

The quarterly premium for primary aluminium delivered to Japan’s main ports is falling again, interrupting a sequence of three consecutive increases. For fourth-quarter 2026 deliveries, the MJP (Main Japanese Ports) benchmark was agreed on October 16 at $255 per tonne above the London Metal Exchange cash quotation, compared with $395 applied in the third quarter. […]

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