Global aluminium producers are targeting a premium of $245 to $260 per tonne for second-quarter contracts with Japanese buyers, according to sources cited by Reuters. This pricing strategy reflects ongoing market dynamics and demand forecasts.
Browsing: Asian markets
Japan’s Nikkei index fell to a four-month low, driven by concerns over the U.S. economic outlook and a strengthening yen. Investors are wary of potential impacts on export competitiveness, prompting a cautious approach in the market.
China has unveiled a new action plan aimed at attracting foreign investment, signaling its intent to strengthen economic ties despite ongoing geopolitical tensions. This move highlights the country’s commitment to fostering a stable investment environment.
Japan’s Finance Minister, Shunichi Kato, cautioned that rising bond yields could put pressure on the country’s fiscal health. He emphasized the need for careful monitoring as increased borrowing costs may impact government finance and economic recovery efforts.