1. LME price retreats just below $2,600 per mton as US Trade/Tariffs uncertainty lingers.
LME 3M aluminum prices closed today at $… per mton, down 0.4% or $… per mton from Friday. Prices dipped early in the session to as low as $…
2. ALERT! – US FOIL. POSSIBLE CIRCUMVENTION: Vietnamese and Thai imports of aluminum foil SRC investigated.
For more details, subscribe to HARBOR’s specialized “Aluminum Rolled Products Intelligence” Report.
3. ALERT! – US SCRAP. NEAR RECORDS AGAIN: Aluminum-copper radiators approach 6-year highs.
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4. LME Cash-3M contango remains in single digits, uneconomic for inventory financing deals (bearish P1020 premiums).
The Cash-3M contango widened to $… per mton from Friday’s $… per mton. The July–August spread loosened to a contango of…
5. China’s aluminum prices fell to two-week lows amid trade-related concerns.
SHFE front-month aluminum closed today’s session down 1.5% at… yuan per mton, a fresh two-week low, and extended losses in…