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LME price bullish breakout could be confirmed tomorrow; LME short squeeze continues

LME PRICE ALERT.

1. LME PRICE ALERT. LME prices climbed to a one-month high above high end of the $... per mton trading range; breakout confirmation would unleash short-term rally toward $... per mton.

2. LME Cash–3M contango widens, but tight nearby conditions persist. Longer-term spreads narrow again.

3. China’s aluminum price bullish momentum strengthens ahead of week-long holiday.

More details in full report.