Europe Al: Premiums stable as prices go higher still

摘要

European aluminium ingot premiums remained flat over the past week with little nearby business reported, though London Metal Exchange (LME) aluminium prices continued to reach higher levels as Chinese investors returned to market following the lunar new year holiday. Argus assessed the weekly P1020 in-warehouse Rotterdam duty-paid premiums at $150-160/t today, flat to a week ago, while duty-unpaid premiums were also flat at $115- 120/t.