LME price now targeting the $2,700 per mton zone, selling value metrics widen further

RERUN: SPECIAL ALERT! – US COMMON ALLOY.
 

1. LME price ends the week in bullish mode, now officially targeting the key $2,700-2,750 per mton cyclical resistance zone. Selling value metrics widen for producers.

LME Cash aluminum prices closed today’s session up by 1.2% or $32 per mton, at…

2. China’s aluminum prices hit fresh three-month highs but underperform LME prices, widening export arbitrage.

SHFE front-month aluminum prices closed the session up 1.4% at…

3. LME Cash–3M contango widens as the Oct-Nov backwardation eases to two-week lows; nearby tightness remains bearish for P1020 premiums.

The Cash-3M contango closed the week widening to $… per mton…

4. ALERT! – EUROPE SCRAP. PARALYZED: Secondary smelters delaying spot business for October.

For more details, subscribe to HARBOR’s specialized “ Europe Scrap Intelligence” reports.

5. RERUN: SPECIAL ALERT! – US COMMON ALLOY. US MILLS UNDER PRESSURE: US 5052/3105 prices fall to fresh lows, 2025 contracts impacted.

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

 

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