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This is the specification for Metal Bulletin’s Brazilian aluminium premium.
Price: $ per tonne aluminium
Grade: P1020A or 99.7 % Minimum Al purity (Si 0.10% max, Fe 0.20% max)
Form: Ingot
Lot size: 100 tonnes (with a tolerance of +/-2%)
Payment terms: cash against documents (7 days after Bill of lading date); other payment terms normalised
Delivery: delivered São Paulo region
Publication: between 2pm and 3pm London time on Thursday
Spot: Premium over LME cash for P1020A, Minimum 99.7% purity aluminium (Si 0.10% maximum, Fe 0.20% maximum)
Duty: None
Assessment: on Wednesdays by Metal Bulletin’s São Paulo office
editorial@metalbulletin.com