COP26 highlights low-carbon aluminium; P1020 differential widens

Low-carbon aluminium differentials in Europe have widened after this week's United Nations environmental conference, COP26, put sustainability in the spotlight.

Fastmarkets assessed the aluminium low-carbon differential P1020A, Europe, at $0-10 per tonne, up from $0-7 per tonne in the previous assessment on October 1.
"We would be looking for $10 per tonne minimum right now, and I think that is totally achievable for 2022," a trader in Europe said. "I think demand will be strong next year, when premiums recover and consumers look at their supply chains. Look at this week - all the talk is about sustainability."
Market participants further downstream shared this sentiment, especially on deals for 2022.

Fastmarkets assessed the aluminium low-carbon differential, value-added product (VAP), Europe, at $20-30 per tonne on Friday, flat from the month...

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