Door open for LME prices to fall toward $… per mton; LME Cash-3M contango the widest in five-weeks

1. ALERT! – LME PRICE. TARGET REACHED AGAIN: LME price plunges $… per mton to HARBOR’s target.

2. China’s aluminum prices testing the low end of their multi-month trading range.

3. UPDATE! – WORLD SMELTING PRODUCTION COST. FALL FURTHER: World’s avg smelting cost falls further.

For more details on world aluminum smelting cost trends and figures, subscribe to HARBOR’s “Aluminum Smelting Cost” report.

4. LME Cash-3M contango eases to the widest in five weeks amid a dissipating backwardation ahead of June