LME nearby contango widens to $50 while LME price falls by $50 per mton on growing surplus

1. LME price falls to two-week lows as demand contraction expected to linger.

2. SHFE aluminum prices retreat amid technical selling and ongoing demand contraction.

3. ALERT! – TRADE US-MEXICO. $… BILLION TRADE DEFICIT: “Massive deficit of aluminum products with the US” impacting members, IMEDAL says.

4. LME Cash–3M contango widens towards decade-highs amid ample and growing metal availability, supportive of inventory financing deals

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