LME price up despite reversing gains; LME nearby contango narrows
December 21, 2022
1. LME price increases with thin volumes, still struggling to sustain intraday gains.
2. China’s aluminum price regains some ground after having tested five-week lows.
3. LME Cash–3M contango narrows to a two-week low below $... per mton, no longer attractive for financing deals.