LME price up as market awaits the Fed’s decision

 
ALERT!  – BRAZIL ALUMINUM.

1. LME price range-trading continues.

2. China’s aluminum price rises after testing a three-month low.

3. GREEN ALUMINUM MONITOR. Green upcharge returns to the billet market.

4. ALERT!  – BRAZIL ALUMINUM. STANDSTILL: Brazil’s spot P1020 and billet demand absent; import quota may be reduced.

5. LME Cash–3M contango widens, backwardation persists for early 2023 (bearish premiums).

 

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