Freight and FOT components moved marginally during December.
MARKET COMMENTARY:The differential between cancelling aluminium from London Metal Exchange warehouses in Asia and shipping it into the US Midwest was largely steady, with only marginal higher FOTs because of slight currency swings, for the month of December according to the Metal Bulletin Arbitrage indicator.The freight and FOT component - the total value of canceling material from the warehouse and shipping to Owensboro in the US Midwest - of...