MW financials spike by... cent/lb to one-year highs; LME price holds above key support
1. CME MW duty-paid premium financials spike to a one-year high; further upside expected.
2. LME prices hardly changed but remain above $... per mton support level.
3. EUROPE GREEN PFA ALERT. BULLISH DEBUT: European Green PFA upcharge increases to a high of $... per mton.
4. LME INVENTORY UPDATE. LME Asian warehouses experience more buildups amid nearby short squeeze.
5. LME Cash–3M contango flattens as tightness intensifies ahead of March.
6. China’s aluminum prices continue to consolidate above interim support level.
More details in full report.