MW P1020 premium up to as high as… cent/lb; LME prices test $… per mton intraday levels

 
US MW PREMIUM ALERT.

1. LME prices reached a 29-month intraday high of $… per mton, approaching upper end of $… per mton technical resistance zone.

2. US MW PREMIUM ALERT. COVERING REPLACEMENT COSTS: MW P1020 spot gaps up to… cent/lb.

3. HARBOR FIRST ALERT. HARBOR ANNOUNCES NEW European 1350 EC Rod Annual Green/Low-Carbon Aluminum Upcharge!

4. LME Cash–3M contango at the widest in five months, supportive of financing deals.

5. China’s aluminum prices bounce back toward nine-and-a-half-year highs.

More details in full report.

 

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