COP26 highlights low-carbon aluminium; P1020 differential widens

November 06, 2021 / www.metalbulletin.com / Article Link

Low-carbon aluminium differentials in Europe have widened after this week's United Nations environmental conference, COP26, put sustainability in the spotlight.

Fastmarkets assessed the aluminium low-carbon differential P1020A, Europe, at $0-10 per tonne, up from $0-7 per tonne in the previous assessment on October 1.
"We would be looking for $10 per tonne minimum right now, and I think that is totally achievable for 2022," a trader in Europe said. "I think demand will be strong next year, when premiums recover and consumers look at their supply chains. Look at this week - all the talk is about sustainability."
Market participants further downstream shared this sentiment, especially on deals for 2022.

Fastmarkets assessed the aluminium low-carbon differential, value-added product (VAP), Europe, at $20-30 per tonne on Friday, flat from the month...

Recent News

Bullish bankers and bearish institutions split on gold forecasts

July 01, 2024 / www.canadianminingreport.com

Gold stocks down on flat metal price and mixed equities

July 01, 2024 / www.canadianminingreport.com

Snowline Gold reports Initial Resource Estimate

June 24, 2024 / www.canadianminingreport.com

Inflation subsiding and rate cuts starting internationally

June 24, 2024 / www.canadianminingreport.com

Inflation rebound continues to reverse

June 17, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok