Electric Cars to Beer Cans Risk Getting Pricier as Japan’s Aluminum Costs Surge

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Electric Cars to Beer Cans Risk Getting Pricier as Japan’s Aluminum Costs Surge

Bloomberg2021-06-11

(Bloomberg) -- To understand why everything from a can of beer to an electric vehicle is likely to get pricier, negotiations over aluminum fees in Japan provide a vivid lesson. Producers of the ...

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NPC69
·2021-06-13
Like.
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bandits272
·2021-06-11
Meaning copper also go up.?
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LEEQF
·2021-06-11
Can reply me?
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1
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- LEEQF:
  Smlj
  2021-06-11
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- Charmander:
  Oh
  2021-06-11
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joeyong
·2021-06-11
like and comment thanks
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1
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- Teovero:
  Ok
  2021-06-11
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Vin309
·2021-06-11
Like and comment
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2
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- Daniel Tay:
  Please response back thanks
  2021-06-11
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- joeyong:
  reply too please
  2021-06-11
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TraderGw
·2021-06-11
Hmm seems like commodities like metals will continue their run this year ! Time to review portfolioposition of these stocks.
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- LEEQF:
  Yes
  2021-06-11
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- Teovero:
  Raw maTerial supply shortage
  2021-06-11
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- Vin309:
  Which stocks?
  2021-06-11
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whyisofat
·2021-06-11
Like please ?
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- Vin309:
  Pls hlp
  2021-06-11
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TraderGw
·2021-06-11
Hellooo
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mattdiu
·2021-06-11
Tesla Cheong ah
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Jchptan
·2021-06-11
Comment pls
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- Snowranger:
  Comment back too, thanks
  2021-06-11
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psion
·2021-06-11
Like comment
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5
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- Snowranger:
  Comment back too, thanks
  2021-06-11
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- Vin309:
  Okok
  2021-06-11
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Bravodog96
·2021-06-11
Like and comment please
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- Snowranger:
  Comment back too, thanks
  2021-06-11
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- superdog:
  Comment
  2021-06-12
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V K
·2021-06-11
Comment pls tyvm
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- V K:
  tyvm
  2021-06-11
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- V K:
  tyvm
  2021-06-11
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- psion:
  comment
  2021-06-11
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Hahahahahttt
·2021-06-11
Hahahaha
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Cloud7
·2021-06-11
Ok
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- Cloud7:
  Ok
  2021-06-11
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Chris68
·2021-06-11
This will drive all EVs price up.
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UnKnown_User
·2021-06-11
J
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- UnKnown_User:
  j
  2021-06-11
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Shyon
·2021-06-11
Comment and like, your stock limit up
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- Shyon:
  Gogoog
  2021-06-11
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Calculator88
·2021-06-11
Like and comment
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6
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- Freedster49:
  [Strong]
  2021-06-11
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Calculator88
·2021-06-11
Nice
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- Shyon:
  Hahaha
  2021-06-11
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In a dramatic shift from a year ago, customers rushing to secure supply are left with far less haggling power, leading to ever-higher fees.\nBuyers in Japan agreed to pay a premium of $185 per ton above benchmark London prices for the coming quarter, the highest in six years, according to five people familiar with the matter. That’s more than double the level seen a year earlier, when demand suffered due to the global coronavirus outbreak.\nFurther, in a sign of how clearly the sellers have gained the upper hand, the negotiations involved a rare notice from a producer saying that if its initial offer wasn’t agreed to, the price would be raised, according to three of the people who asked not to be identified because talks are private. 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Alcoa Corp.’s chief executive officer said last month demand for aluminum is “firing on all engines” this year and continues to grow “really, really quickly” in China and the rest of the world.\nOne reason behind the hike in Japan was high levels of overseas spot premiums, said one of the people, as rates in North America and Europe have climbed to multi-year highs on strong demand. Another person said it’s getting harder to take on additional orders, although tightened supply hasn’t yet caused a major disruption to aluminum products.\nJapan’s shipments of aluminum rolled products gained 12% in April, the third straight month of year-on-year gains, aided by a recovery in the autos market, an industry group said last month. Demand from the construction industry has been recovering and capital spending on railroad cars has also restarted after being stalled due to the pandemic, said another person familiar with the matter.\nThe negotiations in Japan are in stark contrast to those a year earlier, which took longer to reach an agreement. Demand for the metal dried up during the pandemic, with buyers agreeing to pay the lowest fee in more than three years.\nWith economies on the rebound, particularly in China, premiums on aluminum shipments have quickly recovered, notching double-digit percentage increases in four consecutive quarters. Settlements are being reached much earlier ahead of the start to each quarter as buyers -- facing few options -- rush to conclude 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copper also go up.?","listText":"Meaning copper also go up.?","text":"Meaning copper also go up.?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181210255","repostId":2142279140,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":181210108,"gmtCreate":1623395724004,"gmtModify":1704202456158,"author":{"id":"3572235673675008","authorId":"3572235673675008","name":"LEEQF","avatar":"https://static.tigerbbs.com/ead66a2c538631d15658309f808c7d40","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3572235673675008","idStr":"3572235673675008"},"htmlText":"Can reply me?","listText":"Can reply me?","text":"Can reply 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"}],"langContent":"EN"},{"id":181295127,"gmtCreate":1623394998169,"gmtModify":1704202437000,"author":{"id":"3555908735229300","authorId":"3555908735229300","name":"Vin309","avatar":"https://static.tigerbbs.com/9ca4de1ca05f1d625f1bcdbc1d790726","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3555908735229300","idStr":"3555908735229300"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/181295127","repostId":2142279140,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4682813,"gmtCreate":1623399841583,"gmtModify":1663228448033,"authorId":3573623220650432,"author":{"id":3573623220650432,"idStr":"3573623220650432","authorId":3573623220650432,"name":"Daniel Tay","avatar":"https://static.tigerbbs.com/084a34a7e85f0f077a0253b0ee1a1dbc","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":181295127,"type":1,"supId":0,"prevId":0,"content":"Please response back <u>thanks</u>","text":"Please response back <u>thanks</u>","html":"Please response back <u>thanks</u>"},{"id":4681526,"gmtCreate":1623395043283,"gmtModify":1663228441455,"authorId":3577335802381292,"author":{"id":3577335802381292,"idStr":"3577335802381292","authorId":3577335802381292,"name":"joeyong","avatar":"https://static.tigerbbs.com/966871dcabda9a3a4a0d39efe600dd1c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":181295127,"type":1,"supId":0,"prevId":0,"content":"reply too please","text":"reply too please","html":"reply too please"}],"langContent":"EN"},{"id":181292681,"gmtCreate":1623394955543,"gmtModify":1704202435865,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"htmlText":"Hmm seems like commodities like metals will continue their run this year ! Time to review portfolioposition of these stocks.&nbsp;","listText":"Hmm seems like commodities like metals will continue their run this year ! Time to review portfolioposition of these stocks.&nbsp;","text":"Hmm seems like commodities like metals will continue their run this year ! Time to review portfolioposition of these 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