Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / DBB - U.S. Midwest Premium Remains High To Consumers' Chagrin


DBB - U.S. Midwest Premium Remains High To Consumers' Chagrin

Original Post

By Stuart Burns

Aluminum base prices on the London Metal Exchange ((LME)) have been sliding for the last couple of months, suggesting we have a market in surplus.

So when the United States removed tariffs on imported steel and aluminum from Canada and Mexico last month, you would have expected the resulting flood of lower-priced aluminum would have driven down the Midwest Premium.

No such luck.

Despite a minor blip, it has remained stubbornly elevated at over USD $400 per ton, raising howls of protest from consumers (particularly in the beverage can market).

Read more ...

Stock Information

Company Name: Invesco DB Base Metals Fund
Stock Symbol: DBB
Market: NYSE
Website: deutsche-bank.com/ir

Menu

DBB DBB Quote DBB Short DBB News DBB Articles DBB Message Board
Get DBB Alerts

News, Short Squeeze, Breakout and More Instantly...