TOKYO, Sept 30 (Reuters) - Japan's aluminium premiums for October-December shipments were set at $90 per tonne, down 10 percent from the previous quarter due to high domestic inventories and weaker overseas rates, five sources directly involved in the talks said on Wednesday.
The fourth-quarter premiums, down from the $100 per tonne PREM-ALUM-JP paid in the July-September quarter, marked the third straight quarterly decline. Premiums hit a record high of $425 in the January-March period. ID:nL3N1203O1
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 2015
$425
$380
$100
$90 2014
$255
$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