1. LME 3M price continues to hover around the $2,500 per mton level; short-term technical indicators remain bearish.
LME 3M aluminum prices closed today at $… per mton, up 1.6% or $.. per mton from yesterday. Meanwhile, LME Cash aluminum prices climbed by…
2. ALERT! – CHINA ALUMINA. PLUMMETING: Alumina price falls below $… per mton.
SHFE alumina futures prices have fallen by… since peaking last quarter amid…
3. China’s aluminum prices climb to three-week highs despite ongoing correction in alumina.
SHFE front-month aluminum prices closed today’s session virtually unchanged at… yuan per mton but climbed in after-hours to three-week intraday highs around…
4. LME Cash-3M contango the tightest in five weeks (bearish P1020 premiums).
The Cash-3M contango tightened to a five-week low of $… per mton from $… per mton previously, as conditions tightened sharply after February. The January–February contango narrowed to…