LME prices up amid technical support; Cash–3M contango tightens to a two-week low below $… per mton

1. LME prices bounce back above key short-term technical support level as market fear eases.

2. SHFE aluminum prices find support at one-week low near… yuan per mton.

3. RERUN: CARBON BORDER TAX ANALYSIS. POTENTIALLY BULLISH…BUT NOT FOR NOW: EU Proposes Carbon Border Tax on Aluminum From 2026.

For more details, please see our “Carbon Border Tax Analysis” released last week.

4. LME Cash–3M contango narrows to a two-week low amid tightening conditions through October.

More details in full report.