S.Korea buys 4,000 tonnes of aluminium ingot via for Feb
website (www.g2b.co.kr).
Details of the purchases are as follows:
TONNES SUPPLIER PREMIUM(CIF/T) ORIGIN
2,000 Glencore International AG $90 Western
1,000 Hydro Aluminium $103 Non-Western
1,000 LG International Corp $118 Non-Western
* Note: The above premiums were made over London Metal Exchange (LME) prices on a cost, insurance and freight(CIF) basis, and western origin excludes metals from China, India, Russia and Egypt.
Arrivals for the deals are by Feb. 29, 2012 at the port of Incheon.
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