LME price tests upper end of trading range; European PFA spot premiums down again - Harbor Aluminum

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November 8, 2022

ALERT! EUROPE PFA.

1. LME prices are challenging technical resistance at $… per mton.

2. ALERT! EUROPE PFA. DECLINE RESUMES: European PFA spot premiums to as low as $… per mton.

3. ALERT! EUROPE WIRE ROD. BRIGHT SPOT: European EC rod demand outperformance continues.

4. China’s aluminum price struggling to extend gains above one-week highs.

5. LME Cash–3M contango widens further amid a steeper November–December contango.

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