February 9, 2021
LME PRICE ALERT.
1. LME PRICE ALERT. BULLISH BREAKOUT: LME prices confirm rally and open door for $… per mton.
2. LME Cash–3M contango narrows as February–March backwardation intensifies.
3. BRAZIL ALUMINUM ALERT. MULTIYEAR HIGHS: Brazil’s P1020 and billet premiums spike.
4. China’s aluminum prices up to a six-week high near… yuan per mton.
More details in full report.