LME rules won’t hurt aluminum premiums
Jun 12, 2014 | 03:46 PM
| Saranya Kapur
NEW YORK The market will support high premiums on aluminum regardless of the London Metal Exchanges new warehousing rules, according to an executive at BNP Paribas.
Premiums on aluminumas well as other base metals such as copper and zincwill be primarily dependent on the underlying supply and demand of the metals, Justin Holland, managing director in base and precious metals trading at the Paris-based bank, told AMM on the sidelines of a commodities briefing. ....
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