Three-month aluminium premium slips on murky outlook for Q1
Dec 07, 2011 | 11:16 AM
Metal Bulletin’s basis three months duty-paid aluminium premium finally fell on Wednesday, slipping $10 per tonne to $180-200 per tonne as producers found pockets of demand for material to be delivered next year.
“Interest is slowly kicking in, and we’ve had small enquiries for monthly deliveries in 2012,” a producer said. “It’s down $5 or $10 on the three-month premium, but not more. It’s definitely still trading at a completely different number to cash.” ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.