1. LME price approaches multi-month highs reached earlier this month, where multi-year technical resistance at $2,700-2,750 per mton continues to be expected.
LME Cash aluminum prices closed the session up 1.5% or $40 per mton, at $…
2. China’s aluminum prices struggle to sustain four-month highs.
SHFE front-month aluminum closed the session up 0.6% at… yuan per mton ($… per mton, ex VAT), supported by ongoing alumina supply concerns.
3. ALERT! – US FOIL. BULLISH FOR FOIL PRODUCTS: Foil containers from China get CV duties as high as 312%.
For more details, subscribe to HARBOR’s specialized “Aluminum Rolled Products Intelligence” Report.
4. HARBOR FIRST! – MEXICO ALUMINUM. MEXICO’S LARGEST: ARZYZdetails aluminum expansions to reach the 600 ktpy milestone.
Mexican aluminum producer ARZYZ will increase its production capacity to 600 ktpy by Q4 2026 by building a greenfield rolling mill and greenfield aluminum billet plant, enhancing aluminum alloy capacity, and doubling its scrap processing capabilities.
5. ALERT! – EUROPE P1020. GOING NOWHERE: Europe P1020 spot premiums remain stuck at two-year highs.
European P1020 premiums continue trading sideways with a bearish bias amid plunging container rates. Supply uncertainty pushes some downstream consumers to secure quarterly contracts.
6. ALERT! – US ZORBA. SOFTER: Strike delay does little to prop up zorba.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.
7. ALERT! – ALUMINA. SUPPLY RELATED RALLY CONTINUES: Alumina prices reach $690 per mton on supply flow issues.
For more details, subscribe to HARBOR’s “Alumina & Bauxite Intelligence” reports.
8. LME Cash–3M contango narrows to one-week lows; far-end contangos at the tightest in six months.
The Cash-3M contango tightened to a one-week low of $… per mton (a 4.1% annualized yield) from $…