AL PREMIUM SNAPSHOT: Rotterdam premium at 3-mnth high on tight Europe Al market

Key data from the price assessment on Thursday January 9.


Fastmarkets assessed the aluminium P1020A premium, in-whs dup Rotterdam at $95-100 per tonne on Thursday, up from $90-100 per tonne the day before and from $85-95 per tonne at the beginning of January.
Key drivers:

Supply for P1020 in Rotterdam, and other European ports, is tight, especially for certain shapes or other specifications. Aluminium stocks on the London Metal Exchange in Rotterdam warehouses are at 87,200 tonnes, down by 146% compared...

Published

Justin Yang

Alice Mason

January 09, 2020

16:45 GMT

London