Aluminium premiums were stable in most regions on Tuesday July 14, but premiums rose in Brazil with some market participants in the country noting signs of demand recovery, while others suggested the increase could be short-lived.
Brazil premiums up on stronger spot interestRotterdam premiums hold in quiet conditionsUnited States premium steady, while uncertainty stifles tradingSpot inactivity keeps MJP, Korea premiums flat"On top of a somewhat global uptrend, with offers of Rotterdam duty-unpaid material close to $100 per tonne, for example, I believe Brazilian demand is growing," one trader source...