1. LME price still stuck near the low-end of its trading range while alumina prices fall further.
LME Cash aluminum prices were unchanged from yesterday, closing at $… per mton. Prices reversed gains experienced during the first half of the session amid ongoing declines in Western World alumina prices, disappointment about…
2. China’s aluminum price falls from one-week highs as latest stimulus signals fail to impress.
SHFE front-month aluminum prices closed today’s session up 0.3% at… yuan per mton…
3. UPDATE! – ALUMINA PRICE. CORRECTION UNDERWAY: Alumina price down to one-month lows.
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4. LME Cash–3M contango narrows but remains supportive for cash-and-carry deals; far-end contangos tighten near two-year lows.
The Cash-3M contango narrowed marginally to $… per mton (a 6.8% annualized yield) from yesterday’s three-month high of $… per mton.