LME prices fall below $2,100 per mton (as anticipated)

1. LME Cash aluminum price falls to a fresh fifteen-week low of $... per mton, increasing the likelihood of $... per mton before year-end.

2. China’s aluminum price drops to a new three-month low amid bearish technical momentum.

3. ALERT & ANALYSIS! – US MILL-GRADE SCRAP. MILL GRADE SCRAP GETTING TIGHTER: Thin supply, export interest and broker needs pushing 5052 and 3003 scrap spreads tighter.

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4. ALERT! – US UBC. WEAK SUPPLY, WEAK DEMAND: UBC spreads flat despite lower MWTP and slower flows as weak demand lingers.

For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.

5. LME Cash-3M contango narrows; far-end contango approaching decade-highs amid oversupply.