LME price up after three days of losses, no restrictions on Russian primary aluminum expected

1. LME price bounces up from multi-week lows, full technical bearish mode continues.

2. China’s aluminum price regains some ground after testing two-week lows.

3. ALERT! – US TURNINGS. RISING ON SHORT SUPPLY: Turnings prices increase to 20-month highs.

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4. ALERT! – ALUMINA & BAUXITE. GHANA’S MASTER PLAN: Mytilineos partners with Ghana to develop major bauxite mining and alumina operations.

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5. LME Cash-3M contango tightens to two-month lows, unattractive for cash-and-carry deals (bearish P1020 premiums).