LME prices rebound to three-week highs; European P1020 premiums plateau persists
1. LME price rises as volatility returns after yesterday’s Fed announcement, now testing the upper end of the $... per mton range.
2. China’s aluminum prices rebound to a three-week high, testing technical resistance.
3. EUROPEAN P1020 ALERT. PLATEAU: Europe P1020 premiums unchanged, as troubled logistics provide support.
4. LME Cash‑3M contango narrows slightly from five-week highs, nearby tightness dissipates.
More details in full report.