Trump’s/GOP’s “landslide” victory seen as bearish for LME and P1020 premiums

ALERT! – PLATE DEMAND.
 

1. LME prices decline $46 per mton after news of Trump’s/GOP’s major victory.

LME Cash aluminum prices closed today’s session down 1.8% or $46 per mton, at $…

2. China’s aluminum prices face selling pressure after Trump’s/GOP’s victory.

Prices faced downward pressure after the US presidential election result. SHFE front-month aluminum prices closed today’s session up by 0.6% at…

3. ALERT! – PLATE DEMAND. PLATE DESTOCKING THROUGH Q3 2025: Boeing resumes production, significant inventory.

For more details, subscribe to HARBOR’s specialized “Aluminum Rolled Products Intelligence” Report.

4. LME Cash–3M contango widens further, remains below break-even for cash-and-carry deals (bearish spot premiums).

The Cash-3M contango continued widening to two-week highs of $…per mton (a 5.9% annualized yield) from $…

 

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