Geopolitical risks in Middle East seen tightening Asian aluminum market

Geopolitical developments in the Middle East were expected to boost prices across the Asian aluminum market amid a tight supply-demand balance, and could push Japanese aluminum premiums higher, market sources said on March 2. Market views on the ongoing second-quarter negotiations over main Japanese port premiums have grown more cautious, with some participants increasingly concerned that anyGeopolitical developments in the Middle East were expected to boost prices across the Asian aluminum market amid a tight supply-demand balance, and could push Japanese aluminum premiums higher, market sources said on March 2. Market views on the ongoing second-quarter negotiations over main Japanese port premiums have grown more cautious, with some participants increasingly concerned that anyRead More