The MB-AL-0020 Aluminium P1020A premium, ddp Midwest US, US cents/lb rationale mistakenly quoted the London Metal Exchange cash/three month spread to be trading at a $0.15 per tonne contango at the time of assessment on Wednesday. That is now corrected to read that it was trading at a $37 per tonne contango at the time of assessment.
Fastmarkets’ pricing database has been updated to reflect this change.
This price is part of the Fastmarkets’ aluminium base metals package.
For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to this price, please contact Yasemin Esmen by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Yasemin Esmen, re: aluminium P1020A premium, ddp Midwest US.”
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To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.
