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.

 

Request a Sample

Previous Article LME price retreats as range-trading mode continues; European billet premiums reach new lows Next Article LME price retreats as range-trading mode continues; European billet premiums reach new lows
icon-angle icon-bars icon-times