Correction to rationale of aluminium P1020A premium, ddp Midwest US

Fastmarkets has corrected the rationale for its MB-AL-0020 aluminium P1020A premium, ddp Midwest US, US cents/lb that was published incorrectly on Monday February 17.

The rationale was missing the backwardation data on Monday.

The following line has been added to the rationale for MB-AL-0020 aluminium P1020A premium, ddp Midwest US:

“The LME C/3M spread was trading at a $38.37/t backwardation at the time of assessment on Monday, compared to a $23.00/t backwardation on Friday.”

The published price is unaffected by this change.

This price is part of the Fastmarkets 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.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

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

What to read next
The publication of Fastmarkets’ European bulk alloys prices for Friday January 16 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ manganese ore seaborne indices for Friday January 16 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
Fastmarkets has corrected its prices of recovered paper, corrugated grades, old corrugated containers, imports from Japan, cif Southeast Asia, $ per tonne, which were published incorrectly on Friday January 16 owing to a typographical error.
Fastmarkets has corrected its AG-SYB-0032 Soyoil CFR India $/mt price, which was published incorrectly for M2 and M3 on November 18, 21 and 25, for M1, M2, M3 and M4 on November 26, and for M1, M2 and M3 on November 27 and 28 and December 1 due to a procedural lapse. The corresponding actual prices were also published incorrectly as well.
Explore the challenges faced by Venezuela's aluminium industry and its impact on global markets despite production potential.
Explore Brazil's construction sector trends influenced by housing programs and urban infrastructure investments.