LME Cash price plummets amid inventory buildups and demand contraction
January 2, 2024
1. LME Cash aluminum price falls $... per mton to $... per mton, plunging the most in seven months and testing an important support level.
2. China’s aluminum price falls after failing to sustain eighteen-month highs.
3. LME Cash-3M contango widens from five-week low, remains supportive for short-term cash-and-carry deals.