Midwest Transaction Price definition
Midwest Transaction Price for each calendar month, means the arithmetic average of the “Mid West US Transaction” price for primary high grade aluminum, as published in ▇▇▇▇▇’▇ Metals Week on each day during the calendar month of shipment or as otherwise determined pursuant to Section 2.8(b).
Examples of Midwest Transaction Price in a sentence
The price for the Products shall be [the Platts Metals Week Midwest Transaction Price (MWTP) average for the month prior to the contractual month of delivery, plus ].
Example 1.1 Product: 6063 billet Price: Midwest Transaction Price for the month prior to the month of shipment +*** cents/lb.