Tag: aluminium cash premium

Gulf tensions inject fresh risk premium into aluminium Record-high cash premium signals tightening metal availability Benchmark aluminium prices on the London Metal Exchange (LME) increased by 1.2% w-o-w to $3,685/t from $3,642/t in the previous week. The uptrend was primarily driven by persistent supply-side concerns and strong market sentiment following aluminium’s rally to multi-year highs.…