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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.

February 19, 2025
By James McKeigue
Aluminium Base metals Pricing notice

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.

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