Introducing new Fastmarkets-settled LME alumina and aluminium premium contracts

Presented by

Alice Mason, Justin Yang, Christian Mildner

About this talk

Learn how Fastmarkets assesses daily alumina indices and aluminium premium assessments and how you can manage your risk with the new LME cash-settled contracts, launching on March 11th 2019. Presented by: - Alice Mason, aluminium & alumina market reporter, Fastmarkets - Justin Yang, aluminium market reporter, Fastmarkets - Christian Mildner, head of corporate sales, London Metal Exchange The new London Metal Exchange cash-settled aluminium duty-unpaid European contract will be settled against Fastmarkets MB’s benchmark Rotterdam premium. Launched in response to the desire for more hedging tools, driven by one of the most volatile periods the physical European aluminium market has seen in years, the new Fastmarkets-settled duty-unpaid aluminium contract on the LME will provide the market with the ability to manage their price exposure. Fastmarkets has developed strong auditable pricing processes and acquired type 2 IOSCO accreditation for its spot aluminium premium assessments, making it the world’s most trusted and robust industry reference. The new cash-settled alumina contract will be settled against Fastmarkets MB’s benchmark daily fob Australia alumina index and CRU’s alumina price index – equal weighting given to each index in line with industry usage of indices in physical contracts. This new contract will enable risk management in times of extreme bullishness and uncertainty over future price moves. Join us and the LME as we discuss: - Recent market trends - Key market and price drivers ahead for 2019 - The need for risk management in these markets and how the instruments work - Why Fastmarkets prices were selected as the basis for these new contracts - Functionality associated with a basket contract

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Fastmarkets has over 130 years of commodity expertise and aims to be the world’s leading and most trusted price reporting and intelligence service. Using transparent and auditable methodologies to report data and insights in a variety of industries, we provide interested parties with a clear picture on the markets and their effects on business and the supply chain.