LME price up after testing one-month lows; LME Cash-contangos remain wide

 

  1. LME price rises amid range-bound trading; medium-term technical indicators still bearish.

  2. LME Cash-3M contango narrows from eleven-week highs, remains supportive for cash-and-carry deals.

  3. China’s aluminum price holds near three-month lows.

 

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