July 19, 2021
US MW PREMIUM ALERT.
1. LME prices down 2.5% amid commodity and equity market selloff; technical short-term upward trend jeopardized.
2. SHFE aluminum prices fall after testing a two-month high and facing resistance.
3. RERUN: US MW PREMIUM ALERT. MW Premium recommended for review of potential anticompetitive conduct.
4. LME Cash–3M contango holds above $20 per mton amid loose conditions ahead of August.
More details in full report.