LME price range-trading continues, technical breakout could occur soon

1. LME price holds at the upper end of the short-term trading range; technical setup becoming supportive of a price breakout soon.

2. SHFE aluminum price stuck at the upper end of their trading range.

3. LME Cash-3M contango continues to hover around $… per mton

 

Request a Sample

Previous Article China now importing mill scrap grades from North America; US aluminum markets deteriorating across the boar Next Article LME prices stuck in tight trading range; UAW strike pushing some secondaries to offer deeper discounts
icon-angle icon-bars icon-times