1. LME prices climb to a two-week closing high amid rising bets the Fed will cut rates next month.
LME 3M aluminum prices closed the session up… % or $… per mton, at a two-week closing high of $… per mton. Aluminum prices extended initial gains after the release of softer-than-expected US inflation data, which further…
2. LME Cash-3M contango narrows from three-month highs.
The Cash-3M contango tightened today to $… per mton, from a three-month high of $… per mton yesterday. Nearby conditions tightened again as the…
3. UPDATE! – WORLD SMELTING PRODUCTION COSTS. PULL DOWN: World aluminum smelting costs fall in early August.
For more details, subscribe to HARBOR’s “Aluminum Smelting Cost Curve” service.
4. China’s aluminum price rebounds towards three-week intraday highs.
Prices pared losses amid the US-China tariff truce extension. SHFE front-month aluminum price closed today’s session marginally lower at…