LME price up from seven-week lows; China’s aluminum production reaches fresh record highs

1. LME price regains ground but remains below $… per mton.

2. ALERT! – CHINESE ALUMINUM PRODUCTION. RECORD HIGH PRODUCTION: China’s primary aluminum production reaches new all-time high.

3. China’s aluminum prices still testing short-term technical support levels.

4. ALERT! – CANADA SLAB. SLAB EXPANSION: ABI to expand casting capacity in Quebec.

5. LME Cash-3M contango narrows to four-month lows as a nearby backwardation emerges (bearish premiums).