LME price down 2% on demand outlook deterioration; Mounting bearish conditions in North American FRP market

1. LME price falls back toward seventeen-month lows amid worsening demand outlook.

2. ALERT! – NORTH AMERICA ROLLING MILL. DARK CLOUDS: Bearish common alloy prices amid demand deterioration and falling freight rates

For more details, please subscribe to HARBOR’s specialized Aluminum Rolled Products Intelligence Report.

3. RERUN: ALERT! – CHINA ALUMINUM. SURPLUS NEVERTHELESS: China’s Yunnan will expand aluminum production by 2 million mtpy in Q4 despite low water levels.

For more details, please see HARBOR’s Alert! – China Aluminum released on September 13.

4. China’s aluminum prices retreating toward interim support.

5. LME Cash–3M contango widens further amid additional inventory buildups in Asia.