LME price up from three-week lows, more LME aluminum buildups

1. LME price increases after testing fresh multi-week lows but continues to trade near the lower end of the prevailing $… per mton range.

2. China’s aluminum prices rise after testing two-week lows; still trade at the low end of their trading range.

3. ALERT! – US MW DUTY-UNPAID PREMIUMS. FRESH TWO-YEAR LOWS: MW Duty-Unpaid premium tumbles.

4. LME Cash–3M contango narrows but remains supported by inventory inflows in South Korean LME warehouses.