LME price rallies 4% after Australia bans alumina exports to Russia

 
US PFA ALERT.

1. LME prices extend rally toward $… per mton.

2. ALERT! – ALUMINA PRICES. BULLISH ALUMINA: Australian government bans alumina exports to Russia.

3. US PFA ALERT. UNEASY: PFA spot premiums unchanged as market looks for direction.

4. LME Cash–3M contango narrows to two-week lows amid steeper backwardations after May.

5. China’s aluminum prices rise to a two-week high above recent resistance zone.

 

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