After a consultation period, Fastmarkets is launching the all-in CME-based low-carbon aluminium P1020A price to give the market increased options for formulas tied to underlying exchanged-based prices.
This all-in price is based on the Chicago Mercantile Exchange Group’s COMEX one-month price and includes Fastmarkets’ low-carbon differentials in the US.
MB-AL-0403 Aluminium low-carbon P1020A all-in price, CME-based, delivered Midwest US, US cents/lb
Carbon limit: 4tCO2e per tonne of aluminium produced, Scope 1 and 2 emissions.
Quality: P1020A or 99.7% minimum Al purity (Si 0.10% max, Fe 0.20% max). Ingot, T-bar, sow
Location: Delivered consumer works Midwest
Unit: US cents per lb
Quantity: Min 100 tonnes
Publication: Daily
Note: Comex aluminium one-month price plus Fastmarkets Midwest aluminium premium plus Fastmarkets low-carbon aluminium P1020 differential.
This price will be a part of the Fastmarkets base metals package.
To provide feedback on this price 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: all-in low-carbon aluminium price.”
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.
