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LME prices struggle to sustain upward momentum; Orders to withdraw aluminum spike in LME Asia

Executive Summary

1. LME prices fall as range-trading pattern holds; speculative buying trend remains supportive.

2. MW Duty-Unpaid P1020 premium assessed today at... cent/lb.

3. LME contangos continue to widen for H2 2020, while canceled warrants rise in Asia.

4. HARBOR’s Implicit Green Aluminum Upcharge assessed today at zero.

5. China’s aluminum prices fall after hitting eight-week highs.

More details in full report.