Japan's Q4 aluminium premium set at $94-95/T, down up to 21 pct from Q3 - sources
TOKYO, Oct 11 (Reuters) - Japanese aluminium buyers have agreed to pay producers a premium of $94 to 95 per tonne for metal shipped during the October-December quarter, reflecting weaker spot premiums, five sources directly involved in the quarterly pricing talks said.
The deals, which mark a 19.5 percent to 21.0 percent fall from the $118 to 119 per tonne premium (PREM-ALUM-JP) in the previous quarter, mark a second consecutive quarterly decline.
Japan is Asia's biggest importer of aluminium and the premiums for primary metal shipments it agrees to pay each quarter over the London Metal Exchange (LME) cash price set the benchmark for the region.
(Reporting by Yuka Obayashi; Editing by Vyas Mohan)
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