Ongoing Correction Toward $... per mton is Not Over Yet
June 11, 2021
- As anticipated, LME 3M prices have accumulated a... % fall since peaking early May. Prices accumulated a fall of almost $...
- Signs of LME bullish exhaustion suggest retracement toward $... per mton is not over yet. These signs include...
- Moreover, Western World physical aluminum market tightness is set to...
- Both HARBOR and Consensus continue to expect... LME prices ahead. In our base forecast scenario, we continue to see LME prices...