Amendment to aluminium P1020A MJP quarterly premium methodology

Fastmarkets has amended its aluminium P1020A (MJP) quarterly premium assessment methodology.

After a one-month consultation period, Fastmarkets has amended the publishing deadline for its assessment of the aluminium P1020A main Japanese ports (MJP) quarterly premium, cif Japan. It will be published at the end of the first month of the said quarter instead of on the 15th day of the first month of the said quarter.

This is due to the settlement taking place later than usual – in the first month of the contract quarter – in recent quarters throughout 2022.

The deadline is part of the fall-back procedures. The settlement can still be published before the revised deadline when more than 30,000 tonnes of contracted business have been reported by a consumer, producer and trader.

To provide feedback on this price, or if you would like to provide price information by becoming a data submitter, please contact Alice Mason by email at: Please add the subject heading FAO: Alice Mason, re: aluminium MJP quarterly.

To see all Fastmarkets’ pricing methodology and specification documents go to

What to read next
The publication of Fastmarkets’ Shanghai ferro-nickel price assessment for Monday March 27 was delayed due to a reporter error during the data collection process.
Fastmarkets proposes to extend the shipment window of its alumina index inferred, fob Brazil, to allow for greater inclusion of reported liquidity, and to increase the frequency of publication to weekly.
Following a month-long consultation period, Fastmarkets has amended the methodology for the bi-weekly assessment of the aluminium P1020A main Japanese ports (MJP) spot premium, to include domestic tenders and deals from the Japanese market.
Fastmarkets proposes to discontinue its ferrous scrap consumer buying price for cast iron borings in Pittsburgh due to a lack of liquidity.
Fastmarkets is proposing a realignment of its consumer buying price for ferrous scrap No1 busheling in Cincinnati and Pittsburgh, effective from the May 2023 monthly settlement.
A drive by electric vehicle (EV) manufacturers to improve the affordability of their cars may upend an expectation by some market observers that future EV dominance of automotive production will sharply reduce demand for special bar quality (SBQ) steel
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.