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LME price reaches four-month highs as China’s aluminum price spikes; More inflows into Asian LME warehouses

Executive Summary

1. LME prices reach $1,705 per mton as prices in China spike above two-year highs.

2. LME Cash–3M contango widens amid fresh 55 kmton inflow into Malaysia LME warehouses.

3. China's aluminum price closes at a 31-month high amid ongoing bullish momentum.

More details in full report.