TOKYO, Dec 27 (Reuters) - Japan's aluminium premium for shipments during the January to March quarter of 2017 was set at $95 per tonne, as spot premiums rose following a disruption at an Australian smelter, six sources directly involved in the quarterly pricing talks said. deal, which marks a 27 percent increase from the $75 a tonne premium PREM-ALUM-JP in the previous quarter, is the first quarterly increase in three quarters.
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
2017 $95
2016 $110
$115-117 $90-93
$75
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