South Korea aluminum premiums climb $5 to $100-$105/mt

摘要

The Platts South Korean aluminumspot premium assessment rose $5/mt to$100-$105/mt plus London Metal Exchangecash, CIF Busan, on March 14 from $95-$100on March 7.While high local warehouse stocks inSouth Korea stymied demand for seaborneshipments, premiums were propelledupward by the strength of the US marketand contango price spreads on the LondonMetal Exchange, market sources said.