Correction to February 17 Shanghai aluminium arbitrage calculations

Fastmarkets has corrected its Shanghai-London arbitrage calculations for aluminium, which were published incorrectly on Friday February 17 due to a reporting error.

Fastmarkets has corrected its arbitrage figures for aluminium imported into China on Friday, both on a yuan-per-tonne basis (MB-AL-0290) and on a dollar-per-tonne basis (MB-AL-0289).

The aluminium import arbitrage prices for February 17 were previously published as -494.69 yuan and -$71.71.

These have been corrected to -1,055.93 yuan and -$153.07.

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, please contact Sally Zhang by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Sally Zhang re: Fastmarkets arbitrage”.

To see all Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology-and-compliance.

What to read next
After a consultation period that began on February 19, 2024, and ended on March 21 2024, Fastmarkets has discontinued Region 4 log prices. The last assessment published March 2024.  To provide feedback on this or if you would like to provide price information by becoming a data submitter to Log Lines, please contact William Perritt […]
Fastmarkets proposes to amend the chemical specifications and names of its CIF, FOB and FOT 37% manganese ore indices.
The publication of Fastmarkets’ lithium, iron ore and Chinese ferrous prices for Monday April 22 were delayed because of technical issues.
Fastmarkets has corrected the pricing rationale for MB-AL-0302 aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region), $/tonne, which was published incorrectly on Friday April 19. No prices were corrected.
Fastmarkets proposes to amend the specifications of five of its steel products assessments and billet index originating from the Black Sea basin.
Fastmarkets launched a suite of CIF India aluminium scrap prices on Wednesday April 17.