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LME price pulls back toward one-year lows; US high-purity upcharges skyrocket


1. LME prices fell back toward $... per mton on demand worries, as range-trading continues to be expected within the $... per mton zone.

2. RERUN: ALERT – US HIGH-PURITY ALUMINUM. US high-purity premiums gap up to as high as... cent/lb, as the US and NATO are left without needed aluminum grades for National Security-related sectors.

3. China’s aluminum prices drop to near-fifteen-month low.

4. LME Cash–3M contango widens slightly from tightest in three weeks.