LME prices fall further and may open door tomorrow for $... per mton or lower
1. LME prices fall to fresh four-week lows and could open door to $... per mton, and ultimately $... per mton.
2. China’s aluminum prices testing interim support, door could open for lower levels if breached.
3. US SLAB ALERT. ROBUST DEMAND: North American slab demand is booming.
4. LME Cash–3M contango narrows slightly from one-year highs. Wide Cash-3M contango remains supportive for spot P1020 premiums.