CME’s Rotterdam DP Al premium open interest at all-time high

Open interest in the CME's aluminium European duty-paid premium contract hit an all-time high at the end of November, boosted by efforts to lock in premiums given wide forward spreads.

The contract logged total open interest through December 2019 at 11,400 tonnes as of Thursday November 29.
Fastmarkets MB assessed the spot P1020 Rotterdam duty-paid aluminium premium at $125-140 per tonne on November 30.

The...

Published

Michael Roh

November 30, 2018

18:57 GMT

New York