1. LME prices hardly changed amid mixed end-user demand data and imminent US Tariffs on Canada, Mexico and China.
LME Cash aluminum prices closed the session up 0.1% or $… per mton, at $… per mton. Prices were supported early in the session by better-than-expected Chinese manufacturing activity data but reversed gains afterward…
2. China’s aluminum prices rise to a one-week high amid lukewarm manufacturing data.
SHFE front-month aluminum prices closed today’s session marginally up at… yuan per mton, extending gains in after-hours to… yuan per mton. Prices found support from better-than-expected Chinese…
3. LME Cash-3M backwardation persists amid a steep March-April tightness (bearish P1020 premiums).
The Cash-3M backwardation narrowed to $… per mton from Friday’s $… per mton, as conditions loosened ahead of the March third Wednesday. The Cash-March spread settled in a contango of $…
4. ALERT! – MEXICO UBC. MOUNTING PRESSURE: Mexico UBC prices boosted by US Tariffs.
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