Participants were hoping that Metal Bulletin’s 33rd International Aluminium Conference in the German capital of Berlin, which begins on September 12, will provide some clarity on the issue.
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Aluminium premiums edge higher; market prepares for Berlin
Metal Bulletin’s benchmark aluminium duty-unpaid Rotterdam premium moved higher week on week on Tuesday, with recent transactions reflecting bullish sentiment in the market.
The duty-unpaid premium was assessed at $85-95 per tonne on Tuesday, unchanged since the assessment on September 7, when the premium rose from $92-92 per tonne after coasting at that level for more than two weeks.
Traders were now set to start price negotiations at Metal Bulletin’s flagship...