LME prices reach HARBOR’s target zone of $… per mton; Lengthier queues in Malaysia support premiums

1. LME prices reach HARBOR’s $2,600-2,700 per mton target zone as fast as expected, but fall back on strong selling.

2. SHFE aluminum prices reach a new 13-year high above… yuan per mton.

3. LME load-out queues lengthen in Malaysia to… days (premium supportive).

4. LME Cash–3M contango loosens despite nearby tightness; long-term “back” moderates.

5. GREEN ALUMINUM MONITOR: Recycling and renewable energy are the most popular green initiatives.

For more details, see our “Green Aluminum Monitor” released earlier today.