LME price hovers around key support; breach could let to a sooner-than-expected $… per mton level

1. LME prices slightly up but still gravitating around key $… per mton support. Breach of this support level would open the door for a potential quick visit to $…per mton.

2. China’s aluminum prices continue to test six-month lows.

3. LME Cash-3M contango narrows to one-month lows; far end contangos widening.