LME price bounces to upper end of range; US MW premium falls below... cent/lb
September 20, 2023
ALERT! – US MW PREMIUM ALERT – from HARBOR’s Pricing Unit.
1. LME prices bounces to high end of trading range ahead of Fed’s interest rate decision.
2. ALERT! – US MW PREMIUM ALERT – from HARBOR’s Pricing Unit. AS LOW AS... CENT/LB: MW premium paid by suppliers gaps down below... cent/lb.
3. LME Cash-3M contango still above break-even levels for cash-and-carry deals.
4. SHFE aluminum prices continue range-trading below medium-term resistance levels