The premium is 6% lower than the second-quarter benchmark of $82 per tonne and significantly lower than the third-quarter of 2019
which settled at $108 per tonne cif MJP.
The sharp drop was driven by the evaporation of end-consumer demand following global Covid-19 lockdowns while aluminium smelters continued to produce ingots.
Deals were reported in a wide range this quarter with the lowest reported at $60 per tonne
and the highest at $85 per tonne
The number of deals,...