Aluminum Premiums Outlook Update (October 19, 2020)

1. US MW PREMIUM ALERT. MW P1020 spot falls, 2021 contracts with no discount (From October 16).

2. EUROPEAN P1020 ALERT. MIXED IMPACT: European unpaid and duty-paid impacted differently by LME developments (From October 16).

3. EUROPE PFA ALERT. Bullish mode: PFA spot and 2021 contract premiums increase further (From October 14).

4. EUROPEAN BILLET UPDATE. BULLISH TREND ON: Spot and Q1 billet premiums rise further across the board (From October 16). To read our full European Billet Market Intel and Premiums assessment, please see our specialized European Billet Intelligence Report.