BRAZIL ALUMINIUM SNAPSHOT: Ingot premiums rise on hike in USA

Brazil's aluminium ingot premiums have increased, boosted mostly by the hike in the US Midwest numbers, sources said.

P1020A ingot delivered São Paulo region ($/tonne) Key drivers  - Premiums for ingot imported into Brazil increased in the week, pressured mostly by the hike in the US Midwest premium. Local producers and sellers also adjusted upwards the premium for ingot offered on a delivered duty-paid (DDP) basis. Meanwhile, no changes were reported for billet premiums sold on a cif Brazil basis.  - Supply tightness...

Published

Danielle Assalve

November 24, 2016

16:48 GMT

São Paulo