LME down but arbitrage export to China still open; MW financials jump to a two-year high

1. LME prices reached a one-week intraday low but bounced back, continuing to range-trade within $... per mton zone.

2. CME MW duty-paid premium financials spike to fresh two-year highs of... cent/lb as predicted by HARBOR since last September. Further upside expected.

3. EUROPE PFA ALERT. STRONG AND STABLE: Spot PFA premiums at multiyear highs on strong demand and supply constraints.

4. US TWITCH ALUMINUM SCRAP ALERT. SHORT AND SHORTER: All types of extrusion scrap discounts narrow further. For more details, please subscribe to our specialized US and Mexico Aluminum Scrap Intelligence Report.

5. LME Cash–3M contango widens amid loose conditions after March’s third-Wednesday prompt.

6. China's aluminum prices fall to a one-week low.

More details in full report.