What is mjp aluminium premium?

(PLATTS) FUTURES (MJP) The Contract. The benchmark premium paid for the supply of aluminium to main Japanese ports (MJP) in the first quarter of 2020 has settled at $83 per tonne on a cif basis. The benchmark for the supply of aluminium to main Japanese ports (MJP) in the third quarter of 2019 has settled at a premium of $108 per tonne cif over the. The spot main Japanese port (MJP) aluminium premium is likely to remain under pressure next year due to growing supply and weak demand amid a decline in. Fastmarkets, a leading source of pricing data for the global commodity markets, has been selected by the London Metal Exchange as its. The quarterly Main Japanese Port (MJP) aluminium premium benchmark is negotiated each quarter between Japanese buyers (consumers and traders) and major.