1. LME Cash price reaches a fresh eight-month low of $… per mton.
2. SHFE aluminum prices retreat amid demand concerns and holiday-shortened week in China.
3. RERUN: ALERT! – LME AND SHFE PRICE. SURPLUS RETURNS TO CHINA: China’s primary aluminum production set to outpace domestic demand as Yunnan restarts gain steam.
For more details, please see HARBOR’s ALERT! – LME & SHFE Price released yesterday.
4. UPDATE! – WORLD SMELTING PRODUCTION COST. PLUMMETING: World’s aluminum smelting costs falling at the steepest y/y pace in seven years.
For more details on world aluminum smelting cost trends and figures, subscribe to HARBOR’s “Aluminum Smelting Cost” report.
5. ALERT! – ALUMINA PRICE. DOWNTREND CONTINUES: Alumina spot prices down to five-month lows.
For more details, subscribe to HARBOR’s “Alumina & Bauxite Intelligence” reports.
6. ALERT! – US SECONDARY & SCRAP MARKET. Metal Sourceenters US zorba market.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.
7. LME Cash-3M contango narrows marginally, still above $… per mton and supportive of short-term financing deals.