LME consolidate gains above $… as Kitimat workers go on strike impacting North American market

 
US MW PREMIUM & SLAB ALERT.

1. LME prices technically confirm gains above $… per mton; supply-side environment remains supportive.

2. SHFE aluminum prices up, testing new two-month highs.

3. US MW PREMIUM & SLAB ALERT. ON STRIKE: Kitimat workers go on strike; bullish for MW premium, slab upcharge and LME prices.

4. NORTH AMERICA PFA ALERT. PFA SUPPLY SQUEEZE: Kitimat strike also disrupting PFA North American supply.

5. LME Cash–3M contango narrows to a single-digit, the tightest in five weeks.

More details in full report.

 

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