LME price up despite reversing gains; LME nearby contango narrows

 

1. LME price increases with thin volumes, still struggling to sustain intraday gains.

2. China’s aluminum price regains some ground after having tested five-week lows.

3. LME Cash–3M contango narrows to a two-week low below $… per mton, no longer attractive for financing deals.

 

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