MW Duty-Unpaid P1020 premium weakens to 8.47–9.52 cent/lb

HARBOR’s MW Duty-Unpaid Premium (MWP DUP) was assessed today at 8.47– 9.52 cent/lb, slightly down from yesterday’s 8.50–9.55 cent/lb as a result of today’s widening nearby contangos increasing the financial cost of metal in transit.

More details in full report.