LME price falls back to support zone; LME Cash–3M contango narrows further (still premium supportive)
1. LME price drops amid profit taking in the commodity complex, retesting support around $1,550-1,580 per mton.
2. HARBOR FIRST ALERT. Braidy Industries announces new president and CEO.
3. LME nearby backwardation remains contained to early July; Cash–3M contango remains supportive of P1020 premiums worldwide.
4. China's aluminum price rally pauses ahead of a two-day holiday.
More details in full report.