ALUMINIUM ARB INDICATOR: Estimated arb narrowest in 18 months on weak premium, high barge costs [CORRECTED]

A sustained weakness in the United States' Midwest aluminium premium and increased barge freight rates pushed the estimated arbitrage between Southeast Asian warehouses and the United States to an 18-month low.

The narrowing arbitrage follows on from a continual dip in regional aluminium premiums in the US.

Fastmarkets' assessment of the monthly average midpoint for the aluminium P1020A premium, ddp Midwest...


Justin Yang

September 04, 2019

16:22 GMT