LME price approaches key resistance at $… per mton but selling intensifies amid more news of physical contraction in demand

1. LME price tests a new seven-month high of $… per mton and falls sharply after US economic data confirms demand contraction.

2. China’s aluminum prices rise to the high end of a six-month trading range.

3. GREEN ALUMINUM MONITOR. Pushing for more solar-powered aluminum.

4. LME Cash–3M contango remains tight; far end spreads continue to signal producer selling.