Methodology for Metal Bulletin’s global aluminium premiums
May 15, 2012 | 07:00 AM
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Metal Bulletin prices global aluminium premiums on a daily basis. Please find the methodology below.
Material and market specification
Primary aluminium ingot to meet London Metal Exchange specifications: P1020A
Free market price denominated in US dollars
In-warehouse price, duty unpaid*
Minimum one-lot (25-tonne) transactions
Spot business only, immediate shipment
Price reporting – daily at 14:00 London time
Each premium is location specific
Pricing methodology
The price collection methodology is based on the tried and proven assessment method that Metal Bulletin uses across the majority of its extensive price series in the global metals and mining industries.
Price collection
Metal Bulletin uses its extensive network of contacts and legal agreements to collect transaction information. The full details of the transaction are requested, including price, material specifications, transaction size, delivery....
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