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Ongoing Correction Toward $… per mton is Not Over Yet

June 11, 2021
 
  • As anticipated, LME 3M prices have accumulated a… % fall since peaking early May. Prices accumulated a fall of almost $…
     
  • Signs of LME bullish exhaustion suggest retracement toward $… per mton is not over yet. These signs include…
     
  • Moreover, Western World physical aluminum market tightness is set to…
     
  • Both HARBOR and Consensus continue to expect… LME prices ahead. In our base forecast scenario, we continue to see LME prices…

 

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