Investor Presentaiton
aba
Aluminium
for the world
المنيوم البحرين ش.م.ب. Aluminium Bahrain B.S.C. (Alba
LME Price & Premiums
LME Cash averaged US$2,252/t in 2023 - down by 17% YoY. LME price fluctuated in the fourth
quarter between a low of US$2,082.50/t on 11 December and a high of US$2,335.50/t on 29
December
LME inventories remained low at 566,000 MT by year-end despite a 27% increase YoY. Chinese
stocks reached a 6-year low
Premiums dropped significantly owing to weak demand and bearish market sentiment
Major Japanese Ports (MJP¹)
150
100
600
400
US Midwest
450
300
DDP Rotterdam
614
547
128 123
444
474
50
99
97
200
420
150
298
317
85
268
278
202
0
0
0
Q4
Q1 Q2 Q3 Q4
2022 2023 2023 2023 2023
Q4
Q1
Q2
Q3 Q4
Q4 Q1
Q2
Q3 Q4
2022
2023
2023
2023 2023
2022 2023 2023 2023 2023
¹Major Japanese Ports (MJP) is based on Cost, Insurance and Freight (CIF)
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