Correction to Shanghai aluminium arbitrage calculations for September 11

Fastmarkets has corrected its Shanghai-London arbitrage calculations for aluminium, which were published incorrectly on Monday September 11.

Fastmarkets has corrected its arbitrage figures for aluminium imported into China on Monday, 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 September 11 were previously published as -1,998.45 yuan per tonne and -$273.13 per tonne.

These have been corrected to 156.55 yuan per tonne and $21.40 per tonne.

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.

What to read next
After a consultation period, Fastmarkets has amended the pricing frequency of its MB-STE-0141 steel billet import, cfr Manila, $/tonne, price assessment from a daily basis to twice per week.
Fastmarkets' initial low-carbon premium for nickel briquettes captured existing regional price differences, with growing awareness and legislative incentives indicating there is potential for a strong market to emerge
Fastmarkets invites further feedback on proposed amendments to its newly launched MB-NI-0256 Nickel low-carbon briquette premium, cif global, price assessment.
Fastmarkets proposes to amend its MB-STE-0782 steel billet export, fob ports Iran and MB-STS-0019 steel slab export, fob ports Iran assessments.
Fastmarkets proposes to amend its MB-STE-0896 steel slab import, cif Italy, $/tonne price assessment.
The publication of the following prices was delayed on Tuesday April 30 due to technical issues. Fastmarkets’ pricing database has been updated.