LME prices stuck at $.. per mton; SHFE prices test new thirteen-year highs

 

1. LME prices unchanged after failing to reach a new three-year high.

2. SHFE aluminum prices reach thirteen-year highs but struggle to sustain gains

3. LME Cash–3M backwardation eases from two-week peak; nearby tightness still intense.

More details in full report.

 

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