Die cast/foundry alloy: A380/NASAAC spread continues to widen

摘要

Back when the spread (or premium), between the LME NASAAC price and A380 price quickly shrank to nearly zero in late-May of this year, CRU was sceptical that this meant the LME NASAAC contract would become a liquid contract once again. Our contacts believed that the LME NASAAC price would start to sputter in a few months, and the spread would start to grow again.