LME prices down below $… per mton after testing $3,000; Producer selling behind steepest discount in thirteen years

 

1. LME PRICE ALERT. PRICES HIT ALL-TIME CYCLE PEAK ZONE: LME prices reach $3,000 and then fell back below $…

2. SHFE aluminum prices climb to a fifteen-year high but reverse gains.

3. CME MW premium curve firms up but remains in backwardation through 2022.

4. LME backwardation at the far end of the curve intensifies amid producer selling.

 

Request a Sample

Previous Article Alumina Supply Disruptions Further Reinforce Our View of $... per mton Next Article LME volatility continues with prices still below $2,900; Scepter announces Super Green slab contract with Novelis; European PFA spot premiums jump to $...
icon-angle icon-bars icon-times