[ferro-alloys.com]S&P Global Platts assessed the forward quarter premium for imported primary aluminum in the first quarter at $83-85/mt plus London Metal Exchange cash, CIF main Japanese ports Friday, down 18% from $103/mt plus LME cash CIF Japan for Q4.

The Q1 assessment was on the basis of 10 reported settlements at $85/mt, one settlement at $84/mt and three settlements at $83/mt plus LME cash CIF Japan for seaborne P1020/P1020A ingot for loading over January-March, for a volume not less than 500 mt/month.

The volume of the settlements involving two suppliers totaled a minimum 8,500 mt/month.

Platts specifications are for all quarterly settlements on a CIF main Japanese port basis, negotiated prior to Q4 between two unaffiliated counterparties, for P1020/P1020A 99.7% primary aluminum ingot, with payment in cash against documents, for volumes of 500 mt/month or more.

One deal reported closing at $78/mt plus LME cash CIF Japan was not accounted for the assessment, as the volume was for 250-500 mt/month.

Though a few buyers said the third supplier "seems quiet this time," several sources said the supplier also concluded deals at $85/mt plus LME cash CIF Japan. Platts contacted the supplier to verify but the supplier was unable to connect.

（S&P Global Platts）

• [Editor:王可]