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MW Duty-Unpaid P1020 premium drops to 8.46–9.50 cent/lb

HARBOR’s MW Duty-Unpaid Premium (MWP DUP) was assessed today at 8.46– 9.50 cent/lb, weakening from yesterday’s 8.51–9.55 cent/lb amid today’s widening nearby contangos reducing the financial cost of metal in transit.

More details in full report.