October 19, 2022
ALERT! – ALUMINUM INVENTORIES.
1.LME price erases early October rally as pullback continues toward $… per mton.
2. ALERT! – ALUMINUM INVENTORIES. LME INVENTORIES DOUBLE: LME inventories spike further, with around… % Indian/Middle East origins.
3. BRAZIL ALUMINUM ALERT. GAP DOWN: Brazil’s P1020 premiums decline further; contracting demand lingers.
4. China’s aluminum price slightly up after testing a one-week low.
5. LME Cash–3M contango widens to three-week highs as nearby backwardation dissipates.