Aluminum premium set to fall: Morgan Stanley

Jul 28, 2014 | 05:42 PM | Nathan Laliberte

Tags  Midwest premium, aluminum, London Metal Exchange, Morgan Stanley, Joel Crane, Nathan Laliberte

NEW YORK — The premium paid for removing metal from London Metal Exchange warehouses could fall, driven by a flattening aluminum forward curve that could make finance deals less appealing, Morgan Stanley analyst Joel Crane said.

Strong demand and falling LME stocks have changed the cash-to-three-month aluminum price spread, he said.....





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