LME price falls furthers and tests $2,500 per mton zone; US PFA demand continues to weaken

ALERT! – US PFA.
 

1. LME price drops further inside the $2,550-2,500 per mton support zone.

LME Cash aluminum prices closed today at $… per mton, down 0.8% or $21 per mton from yesterday. Prices fell to a new three-week low amid…

2. China’s aluminum prices fall further, approaching one-week lows.

Prices declined further amid a weak demand outlook. SHFE front-month aluminum prices closed today’s session down by 1.5% at …

3. ALERT! – US PFA. WEAKING DEMAND….WITH HIGHER PREMIUMS? 2025 contractual premiums rising despite weaking demand.

2025 contractual PFA premiums are rising despite…

4. LME Cash–3M contango narrows from four-week highs; nearby and far-end contangos remain uneconomic.

The Cash-3M contango narrowed slightly to $… per mton (a 5.6% annualized yield) from yesterday’s four-week high of $…

 

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