1. LME prices rise to intraday levels above $2,900 per mton.
LME 3M aluminum prices climbed to as high as $… per mton before closing at a new one-week high of $… per mton, up… % or $… per mton from yesterday. LME aluminum prices were bolstered by rallying Shanghai aluminum prices, which reached fresh 19-month highs amid improving demand sentiment and expectations of a…
2. MATING SEASON SERIES! – US EC ROD. RECORD HIGHS FOR 2026: 2026 US EC rod upcharges spike.
2026 annual contracts for US EC rod units are been signed at record high upcharges of… cents/lb, supported by US Section 232 import Tariffs of 50% and strong underlying cable demand.
3. LME Cash-3M contango widens further to $… per mton; far-end contangos tighten.
The Cash-3M contango reached new six-month highs of $… per mton, widening from $… per mton yesterday. The Cash-November backwardation continued easing to $… per mton from $0.76 per mton, while November–December contango steepened to…
4. China’s aluminum prices rise to a fresh 19-month high, virtually reaching HARBOR’s target.
SHFE front-month aluminum prices closed today at a fresh 19-month high of… per mton ($… per mton, ex-VAT), up… % from yesterday, and extended gains in after-hours trading to as high as… yuan per mton ($… per mton, ex-VAT). Prices climbed to new highs as…