NOTE: HARBOR’s Daily Aluminum Commentary will not be published between April 14 and April 18 due to the Easter Holiday.
1. LME price continues to face selling, door for $… per mton could be opened tomorrow.
2. ALERT! – CHINA EXPORTS. RECORD CHINESE EXPORTS: China’s aluminum exports jump by… million mton y/y to a new record high
3. ALERT! – BRAZIL ALUMINUM PRODUCTION. RESTARTS KICK-IN: Brazil begins its quest to restart almost… k mtpy in 2022.
4. RERUN: ALERT! – ALUMINUM PRODUCTION. NEW MEGA SMELTER:… mtpy smelter in Indonesia accelerates construction amid record smelting profitability.
5. China’s aluminum prices regain some ground after testing technical support.
6. BRAZIL ALUMINUM ALERT. DISCONNECTED: Brazil’s P1020 premiums decoupling from rest of the world.
7. LME Cash–3M contango narrows from four-week highs, environment still unsupportive of cash-and-carry deals.
8. US PAINTED SIDING SCRAP ALERT. PROMPT NEEDS: Several US brokers are looking for prompt loads of painted siding.
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9. US TWITCH ALER. LOWER PRICES: Twitch prices fall as market seems long.
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