October 5, 2022
US MW PREMIUM ALERT.
1. LME prices test resistance around $… per mton, as expected. Technical downward trend targeting $… per mton remains on.
2. US MW PREMIUM ALERT- from HARBOR’s Aluminum Pricing Unit. GAP DOWN BELOW… cent/lb: MW premium…
3. ALERT! – US ROLLING MILL. ANOTHER US MILL COMING? Kibar signals intent to build… mtpy rolling mill in US.
For more details, please subscribe to HARBOR’s specialized Aluminum Rolled Products Intelligence Report.
4. The Shanghai Futures Exchange (SHFE) was closed today due to China’s National Day holiday. Trading will resume on Monday, October 10.
5. LME Cash–3M contango widens slightly from one-month lows; backwardation by late November persists.