HomeNon-ferrous MetalsBase metals LME aluminium's $45/t backwardation – bullish or bearish for premiums? A growing disparity in aluminium stock levels across the globe means that the wide backwardation on the London Metal Exchange is having very different effects on physical market premiums, participants told Fastmarkets. Despite a large 120,000-tonne delivery of aluminium into LME warehouses in Asia last week, total LME stocks fell to 855,525 tonnes on Thursday February 17, with 65.5% of total units... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Alice Mason Imogen Dudman Liz Ng February 18, 2022 09:23 GMT London, Singapore Keywords Aluminium backwardation LME forward spread MJP P1020A Rotterdam Port Klang LME warehouses Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
