LME price down to multi-decade long technical support
1. LME prices closed today at HARBOR's price target ($... per mton) as investors ponder whether the worst is behind. Prices trading at historically attractive value levels.
2. LME nearby contango remains the widest in a year amid plunge in Cash prices and inventory inflows.
3. China’s aluminum prices hardly changed from a four-year low.
More details in full report.