American Spot Aluminum Premium Rose A little

“Metal Paper—American spot aluminum premium rose a little. Western and middle aluminum premium rose from 3.25cents/ton~4cents/ton to 3.4cents/ton~4cents/ton.Transaction is few. Some manufactures said that they has transported part of their products to Europe, where has higher premium, can counteract transportation expense. The strike in some of St. Petersburg port in Russia hasn’t affect America premium. Now market supplying is abundant, producer want to lessen inventories by the end of New Year. Most industries view that premium will increase in next year. Certainly, to buyers, lower is better.