1. LME price closes below $… per mton as profit-taking intensifies; a bearish weekly close would raise odds for a further retracement toward $… per mton.
2. SHFE aluminum prices extend correction amid concerns about curbs on speculation.
3. LME PRICE ALERT. ANOTHER BEARISH SIGN: Alcoa sees 5 million mton of smelting capacity that could restart amid current elevated prices.
4. NORTH AMERICA PFA ALERT. SEMICONDUCTOR SHORTAGE BITES: More PFA consumers request delivery delays.
5. US EC 1350 SCRAP ALERT. STEADY DEMAND FOR PRIME REPLACEMENTS: US consumers targeting EC 1350 scrap for prompt delivery. For more details, please subscribe to our specialized US and Mexico Aluminum Scrap Intelligence Report.
6. LME Cash–3M contango remains near $… per mton while long-term backwardations continue to ease.
More details in full report.