SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance CentreAnnouncements
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceCokeCoalPig IronSteel BilletFinished Steel
New Energy
New Energy
SolarLithiumCobaltCathode MaterialPhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / Korea PPS Buys 3,000 Tons Aluminum; $115-$117 Premium To LME

Korea PPS Buys 3,000 Tons Aluminum; $115-$117 Premium To LME

iconMay 19, 2010 14:44

SINGAPORE, May 19 -- South Korea's Public Procurement Service, a state agency that stockpiles strategic commodities, said Thursday that it has purchased 3,000 metric tons of Indian aluminum at premiums of $115 to $117 a metric ton to the prevailing London Metal Exchange price, which was $2,005.50/ton at the time of bidding.

PPS purchased 2,000 tons from Daewoo International at a premium of $115, or $136.21 including 1% duty.

It purchased another 1,000 tons from Hanwha Corporation at a premium of $117, or $138.23 including duty.

The metal is for delivery to Incheon by July 31 on cost-and-freight basis.

At 0555 GMT, LME three-month aluminum was trading at $2,020/ton, down $31 since Tuesday's kerb.

 

Aluminum Al
Aluminum price
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All
MOST POPULAR
1.Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles
2.Aluminum Wire Supplier Screening
3.Cost Analysis Of AL Extrusion For Target Units
4.Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)
5.Optimization Of Purchasing Cost For Casting Alloys
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.