Sao Paolo—Sluggish spot demand kept Brazilian primary aluminum premiums un- changed this week. The few offers and deals reported this week were mostly in tandem with S&P Global Platts’ previous assessment. The domestic DDP Southeast premium held at $230/mt plus LME cash, duty paid, delivered Southeast, exclusive of VAT (ICMS, PIS/Cofins and IPI). The premium is normalized for 100 mt volumes and reflects a $200-$260/mt range. The CIF Brazil import premium stayed at $152.5/mt plus London Metal Exchange cash, CIF main Brazilian ports, duty unpaid, exclusive of VAT (ICMS, PIS/Cofins and IPI), reflecting a $145-$155/mt range for 500- 2,000 mt orders.
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