ALERT! – US ROLLING MILL.
September 5, 2024
1. LME prices close below key level, visit to $2,200-2,100 per mton could be technicaly validates as soon as tomorrow.
LME 3M aluminum prices closed today at $… per mton, down…
2. China’s aluminum price fall to new three-week lows.
SHFE front-month aluminum prices ended the session marginally down at…
3. ALERT! – US ROLLING MILL. FIN MARKET OUTPERFORMING: US Fin prices may increase amid demand and container foil case.
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4. LME October–November backwardation intensifies (bearish premiums).
The Cash-3M contango narrowed to a two-week low of…