NEW: Metal Bulletin Aluminium Arbitrage Indicator December 2017

Today Metal Bulletin launches its new Aluminium Arbitrage Indicator Tool...


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MARKET COMMENTARY:
Profits made by cancelling aluminium from London Metal Exchange warehouses in Asia and shipping it into the US Midwest increased this month, according to the Metal Bulletin Arbitrage Indicator, with freight rates for the route easing in November.

The freight and fot component – the total value of cancelling material from the warehouse and shipping to Owensboro in the US Midwest – of trades decreased to $135.86 per tonne from...

Published

Ian Walker

December 06, 2017

11:30 GMT

London