Config.
Marché
Rapport
Unité

COT Aluminium European Premium Duty-Paid (COMEX)

Période
Échelle

As-of mardi · close vendredi · source CFTC

Long vs Short

Long et short en % d’OI (catégorie focus)

Δ 4 semaines

Variation du net vs le rapport d’il y a 4 semaines

Cette semaine

Catégorie Long Short Spreading Net Δ Long Δ Short Δ Net % OI long % OI short

Historique

Industrial metals · COMEX

What is the Aluminium European Premium Duty-Paid contract?

European aluminium duty-paid premium

Satellite of High Grade Copper (Copper #1, COMEX)

A long means…

Exposure to a rise in the European aluminium premium, duty-paid — not the LME aluminium price.

What is this?

The European duty-paid premium is the gap over LME for P1020A aluminium already cleared into the Union — not the ingot, not metal still in bond. Fastmarkets (Metal Bulletin) assesses it twice weekly: 99.7% aluminium, in-warehouse Rotterdam. The future settles to the average of those mid-points. EU-produced metal is duty-paid by definition; cleared imports are available within a day or two.

Fabricators and merchants hedge the European physical add-on here, distinct from the US Midwest premium.

Pitfalls

  • A premium, not the LME aluminium price.
  • Duty-paid is not duty-unpaid.
  • Not the US Midwest premium (Aluminum MWP).

Univers LIX

Le positionnement n’est pas le risque

Le COT décrit qui est positionné. Le LIX décrit le niveau de risque de marché — 12 indicateurs, hors COT.