LME prices stuck around $1,700 per mton; DoC to monitor aluminum imports, no impact expected
1. LME prices rise but continue to test a key support zone; speculative sentiment deteriorates on rising fear levels.
2. LME Cash–3M contango narrows on April–May tightness (no longer supportive for spot premiums).
3. US ALUMINUM ALERT. DoC to monitor aluminum imports; no impact on imports expected.
4. China’s aluminum prices still testing key support zone.
More details in full report.