TOKYO, April 1 (Reuters) - Japan's aluminium premiums for April-June shipments were set at $115-$117 per tonne, up around 5-6 percent from the previous quarter, on lower local inventories, five sources directly involved in the talks said. deal marks the second quarterly increase and a rise from a premium of $110 PREM-ALUM-JP in the previous quarter.
Japan is Asia's biggest importer of the metal and the premiums for primary metal shipments it agrees to pay each quarter over the London Metal Exchange (LME) cash price CMAL0 set the benchmark for the region.
Following is a table of premiums agreed between Japanese buyers and global suppliers since 2005.
(Figures are in per tonne, over cash LME, CIF):
Q1
Q2
Q3
Q4
2016 $110
$115-117
2015 $425
$380
$100
$90
2014 $225
$365-370 $400-408 $420
2013 $240-245 $248-250 $250
$245-247
2012 $112
$121-122 $200-210 $254-255
2011 $112-113 $113
$120
$118
2010 $128-130 $122-124 $120
$116-118
2009 $58-62
$56-58
$75
$115-120
2008 $65
$83
$87-88
$75-76
2007 $76-77
$71-73
$68-69
$65-66
2006 $56
$60-61
$73
$82-83
2005 $86-87
$79-80
$70-72
$63