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LME price up and may attempt to test key resistance at $... per mton; US spot billet upcharge range weakens


1. LME prices advance further and may attempt to test $...per mton where a key medium-term technical resistance zone is.

2. China’s aluminum prices unchanged after reaching one-week highs.

3. US BILLET ALERT. RETRACE: US spot billet upcharge declines to as low as 28.0 cent/lb.

4. UPDATE! – EUROPE ROLLING MILL. European duty suspension uncertain.

For more details, please subscribe to our specialized Aluminum Rolled Products Intelligence Report.

5. LME Cash–3M contango narrows; live warrants drop farther amid cancelations in Asia.