LME prices stuck; North American foundry premiums down
1. LME prices up but unable to confirm break above $... per mton.
2. SHFE aluminum prices continue to see multiyear technical resistance.
3. MJP PREMIUM ALERT. MJP spot gaps up to as high as $... per mton.
4. RERUN: NORTH AMERICA PFA ALERT. LINGERING ISSUE: Semiconductor auto crisis pushes down PFA premiums.
5. EUROPEAN CAN SHEET ALERT. NO REST FOR CAN SHEET DEMAND: Summer season started early for can sheet suppliers and can makers. For more details, please subscribe to our specialized Aluminum Rolled Products Intelligence Report.
6. LME tightness intensifies both in nearby spreads and at the far end of curve
More details in full report.