| South Korea's aluminum premiums rose $2/mt week on week to be assessed at $67-$70/mt plus LME cash, CIF Busan, Wednesday, up from $65-$68/mt last week.
Most of the support came from China, which is importing P1020 following a dramatic surge in domestic aluminum prices in the last two weeks. On average, China has been paying premiums of $85-$90/mt CIF Shanghai for imported metal, sources said. "Everyone is moving South Korean stocks to China," a Western trader said...........................................Full Article: Source
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