Investor Presentaiton
Analysis of Selling Prices
Selling Prices ($ / MT)
LME Price
2,098
LME Premium:
257
-12%
1,854
177
difference
-9%
LME
1,841
LME
1,677
2019
2020
Selling Prices ($/ MT)
+16%
2,001
243
1,721
166
LME
LME
1,758
1,555
LME Price
difference
+13%
。 2020 average selling prices declined from
2019 due to persistent challenging
macroeconomic conditions pressuring LME
prices.
。 2020 vs 2019 LME premiums declined
mainly due to unprecedented shift in product
mix from value added products towards
standard ingots during the year amid
declining global
global demand for aluminium
products.
。 Q4-20 vs Q3-20; selling prices improved on
the back of improved market conditions.
LME premiums also increased with product
mix being reinstated back to maximum value
added products from standard ingots in Q4-
20.
13
Q3-20
Q4-20
LME Aluminium price source: Bloomberg, CRU
QAMCO, IR Presentation, Q4-20View entire presentation