LME price range trading continues; MW spot premium bearish mood dominates

1. LME prices lack conviction to approach resistance at $… per mton; multiweek range-trading phase continues.

2. US MW PREMIUM ALERT. MW premium range widens to… cent/lb, bearish mood dominates.

3. China’s aluminum prices stuck below short-term technical resistance level.

4. CHINA ALUMINUM ALERT. Chalco to acquire an additional… % interest in Yunnan Aluminum. Move would limit business competition and enhance smelting operations.

5. LME Cash–3M backwardation intensifies amid nearby short squeeze; tight conditions prevail through November.