Investor Presentaiton
LME Price & Premiums
aba
Aluminium
for the world
المنيوم البحرين ش.م.ب. Aluminium Bahrain B.S.C. (Alba
LME-Cash averaged US$2,707/t in 2022
highest: US$3,985/t on 7 Mar'22]
--
up by 9% YoY [lowest: US$2,080/t on 28 Sep'22 and
LME inventories remain low at 447Kt by end-2022 (-52% YoY) and are at their lowest level in
22 years while Chinese stocks are at 6-year low
Premiums race down due to weaker demand and bearish market sentiment
Major Japanese Ports (MJP¹)
250
200
150
900
750
600
US Midwest
600
500
400
DDP Rotterdam
450
300
600
218
781
809
100
480
499
177
675
172
300
592
200
148
322
444
50
99
150
100
0
0
0
Q4
2021
Q1 Q2 Q3 Q4
2022 2022 2022 2022
Q4
Q1
Q2 Q3
2021
2022
2022
Q4
2022 2022
Q4 Q1
2021
¹Major Japanese Ports (MJP) is based on Cost, Insurance and Freight (CIF)
268
Q2 Q3 Q4
2022 2022 2022 2022
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