1. LME price continues to trade above $2,600 per mton amid signs of global demand expansion.
LME 3M aluminum prices closed at a one-week high of $… per mton, up… % or $… per mton from yesterday. Prices rebounded from an intraday low of $…
2. UPDATE! – US MW PREMIUM. MWP IN EQUILIBRIUM UPDATE: HARBOR’s MW P1020 Duty-Paid Spot Premium in Equilibrium up slightly.
3. LME Cash-3M backwardation widens amid significant tightness ahead of October.
The Cash-3M backwardation intensified to $…per mton from yesterday’s $… per mton. The Cash-September backwardation widened to $…
4. China’s aluminum prices edge higher amid improving demand sentiment.
SHFE front-month aluminum prices closed today’s session up… % at… yuan per mton ($… per mton, ex-VAT), extending gains in after-hours to…