Fastmarkets launches inferred P0610 aluminium Rotterdam premium calculations

Fastmarkets has launched calculations of two inferred P0610 aluminium Rotterdam premiums, following the first publication of its P0610 netback on Tuesday August 1.

The netback rate will be published on the first working day of every month, following a consultation that ended on July 4.

Fastmarkets assessed the aluminium P1020A premium P0610 netback rate, in-whs dup/dp Rotterdam, at $10 per tonne on Tuesday.

An inferred number is a calculation using existing Fastmarkets numbers. The new inferred prices will take the midpoint of the underlying P1020A premium and add the P0610 differential.

Fastmarkets will publish the following inferred calculations:

MB-AL-0386 Aluminium primary ingot premium, in-whs dp Rotterdam, inferred P0610 midpoint, $ per tonne

MB-AL-0385 Aluminium primary ingot premium, in-whs dup Rotterdam, inferred P0610 midpoint, $ per tonne

The inferred prices have been backdated to August 1.

To provide feedback on these prices, or if you would like to provide price information by becoming a data submitter to these prices, please contact Imogen Dudman by email at pricing@fastmarkets.com. Please add the subject heading: “FAO: Imogen Dudman re: P0610 netback rate.”

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

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