LME price plunges 2.5%; MW spot premium falls below… cent/lb

1. LME 3M price dipped to a two-week low of $… per mton as central banks rate hikes and demand contracts.

2. LME Cash–3M and far end contangos remain near seven and highs amid growing oversupply conditions.

3. ALERT! – US MW PREMIUM. DECLINE RESUMES: MW spot premium falls below… cent/lb amid bearish factors.

4. ALERT! – MEXICO BILLET. 50% CORRECTION: Mexico’s 6063 billet premium plummets to $… per mton.

5. ALERT! – EUROPE PFA. SPOT MARKET DEAD: Absent European PFA spot market amid lingering Q1 demand uncertainty.

6. China’s aluminum price retreats toward a two-week low.