1. LME Cash prices fell to a fresh three-week low of $… per mton amid signs of still weak US demand.
LME Cash aluminum prices closed today’s session at $… per mton, down 0.5% or $… per mton from Friday and closing at the lowest levels so far this month, after a 2.3% pullback since Wednesday. Prices have experienced profit-taking selling since the…
2. LME Cash-3M backwardation narrows to nearly one-month lows (still bearish P1020 premiums).
The Cash-3M backwardation narrowed to $… per mton from Friday’s $… per mton. The nearby backwardation eased to single digits for the first time in nearly…
3. China’s aluminum prices fall as manufacturing activity contracts across major regions.
SHFE front-month aluminum prices closed today’s session down 0.5% at… yuan per mton. Prices fell further during after-hours, reaching a session low of 20,615 yuan per mton as preliminary US manufacturing activity data was much weaker-than-expected, while…
4. RERUN: ALERT! – EUROPEAN BILLET. UNCOMFORTABLE UNCERTAINTY: Market concerned about negative impact of US Tariffs.
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5. UPDATE! – ALUMINA PRICE. SLUMP DEEPENS.
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