LME price plummets further and approaches HARBOR’s target zone; LME Cash–3M contango widens

 

1. LME prices fell to as low as $… per mton, approaching HARBOR’s target zone of $… per mton.

2. China’s aluminum prices fall to one-month lows.

3. LME Cash–3M contango widens while far end backwardation shrinks near one-year lows.

 

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