LME prices rebound to three-week highs; European P1020 premiums plateau persists

1. LME price rises as volatility returns after yesterday’s Fed announcement, now testing the upper end of the $… per mton range.

2. China’s aluminum prices rebound to a three-week high, testing technical resistance.

3. EUROPEAN P1020 ALERT. PLATEAU: Europe P1020 premiums unchanged, as troubled logistics provide support.

4. LME Cash‑3M contango narrows slightly from five-week highs, nearby tightness dissipates.

More details in full report.