LME price plummets further and approaches HARBOR’s target zone; LME Cash–3M contango widens
June 13, 2022
1. LME prices fell to as low as $... per mton, approaching HARBOR’s target zone of $... per mton.
2. China’s aluminum prices fall to one-month lows.
3. LME Cash–3M contango widens while far end backwardation shrinks near one-year lows.