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LME price falls... % after failing to breach key resistance; Cash–3M contango widens to $... per mton


1. LME prices fall further below key resistance level ($... per mton).

2. China’s aluminum prices down to one-week lows as technical downward trend remains in place.

3. US 5052 SCRAP ALERT. PROMPT DEMAND: US brokers buying prompt loads of 5052 scrap for May delivery.

For more details, please subscribe to our specialized US and Mexico Aluminum Scrap Intelligence Report.

4. LME Cash–3M contango widens as conditions continue to loosen into Q3.