Investor Presentaiton
LME Price & Premiums
200
150
aba
Aluminium
for the world
المنيوم البحرين ش.م.ب. Aluminium Bahrain B.S.C. (Alba
Aluminium prices break higher on supply constraints due to European power market.
LME-Cash averaged US$2,475/t-up by 45% YoY [lowest: US$1,952/t on 19 Jan 21 and
highest: US$3,180/t on 18 Oct'21]
LME inventories remain low at ~0.9 million MT by end-2021 (versus ~1.3 million MT in
2020)
Premiums relatively high owing to supply cuts and higher freight costs
Major Japanese Ports (MJP¹)
750
600
450
218
100
185
300
149
130
50
88
US Midwest
400
300
200
735
675
572
377
150
296
DDP Rotterdam
348
322
237
100
164
139
0
0
0
Q4 Q1
2020 2021 2021 2021
Q2 Q3 Q4
Q4
Q1
Q2
Q3 Q4
Q4
Q1 Q2 Q3 Q4
2021
2020
2021
2021 2021 2021
2020
2021 2021 2021 2021
¹Major Japanese Ports (MJP) is based on Cost, Insurance and Freight (CIF)
Page 7View entire presentation