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Stanimir Dobrev

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@delfoo

Joined October 2009
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Stanimir Dobrev Verified account @delfoo
The premium on Russian primary aluminum in China dropped from 500 USD over Chinese primary aluminum to almost zero. This is due to the recovery of exports from the Middle East and the drop in domestic demand in China itself.
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Stanimir Dobrev Verified account @delfoo
Russian Ural oil prices dropped by 23,93-24,73 USD per barrel in the week ending on November 6th. Discounts rose by 2,15-2,95 USD per barrel to the highest they have been since April 2023. By comparison freight costs dropped by only 0,5-0,87 USD per barrel.