LME prices up but still below $… ; LME load-out queues lengthen in Malaysia (another premium supportive factor)

 

1. LME prices up but unable to bounce back above $… per mton.

2. SHFE aluminum prices up to three-month highs.

3. Lengthier LME load-out queues emerge in Malaysia, another premium supportive factor.

4. LME Cash–3M contango tightens amid the emergence of an August–September backwardation.

More details in full report.

 

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