首页|U.S. Aluminium: MW premium softer again, seen sinking
U.S. Aluminium: MW premium softer again, seen sinking
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NSTL
The U.S. Midwest aluminium premium over LME cash prices eased again slightly over the course of the week to be quoted in the 4.10-4.40 cents per pound region, compared to around 4.25-4.50 cents last week, traders said. LME cash aluminium closed the afternoon kerb at 57.20-57.25 cents per pound. Sources said conditions during the week on the whole reflected the sluggish nature of industrial activity throughout the country, with only intermittent interest being expressed when aluminium prices dipped on the LME. "There was a little more interest shown when outright metal prices eased a little on the LME for delivery through most of next year, but that was about as exciting as it got all week," lamented one Connecticut-based trader. "Basically it was very quiet throughout the week and the only business done was at low volumes, so we're just sitting here waiting for the summer (lull) to pass and hope things get busier in the last quarter of the year," said another source.
NSTL
