ALERT & UPDATE! – MEXICO BILLET PREMIUMS.
January 10, 2024
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LME price down again as short-term technical support levels continue to be tested.
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China’s aluminum price stuck near two-week lows.
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ALERT & UPDATE! – MEXICO BILLET PREMIUMS. NEAR RECORD LOWS: Mexico’s Veracruz billet premium falls to as low as $…
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ALERT! – BRAZIL ALUMINUM. NO SIGNS OF IMPROVEMENT: Brazil’s bearish market extends into Q1 2024.
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ALERT! – ALUMINA. SURPLUS WILL WIDEN DESPITE CURTAILMENT: Alcoa to fully idle Kwinana alumina refinery in Australia.
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LME Cash-3M contango still wide, remains supportive of cash-and-carry deals.