LME price falls amid profit-taking; European PFA consumers worried about energy availability

1. LME prices down from two-week highs, still inside the expected $… per mton trading range.

2. China’s aluminum prices face selling pressure above… yuan per mton.

3. EUROPE PFA ALERT. ENERGY CRISIS: European PFA spot premiums unchanged; energy concerns take pole position.

4. LME Cash–3M backwardation dissipates and far-end contangos steepen toward new highs.