LME Aluminium Prices Slide: Long-Short Game Behind Sharp Backwardation Contraction 【SMM Analysis】

Official Iranian media disclosed the specific contents of a draft 14-point memorandum of understanding between the US and Iran, covering clauses including the US commitment to lifting sanctions, withdrawing troops from around Iran, ending the maritime blockade, opening the Strait of Hormuz, and unfreezing Iran's frozen assets. However, the draft did not involve Iran's missile plan or nuclear-related agreements. Pakistani Prime Minister Sharif Shehbaz stated that the US and Iran had already reached consensus on the text of a peace agreement. Iranian Foreign Minister Amir-Abdollahian Hossein said that the two sides "have never been closer to a memorandum of understanding." However, US President Trump Donald pointed out that the draft US-Iran agreement released by Iranian media was "completely unrelated to the written agreement reached by the two sides" and did not reflect the actual situation.

[SMM Flash] Согласно данным SHFE, по состоянию на 12 июня общий объём зарегистрированных складских свидетельств на литой алюминиевый сплав составил 37 355 т, снизившись на 576 т относительно предыдущего торгового дня. В том числе: Шанхай — 2 897 т, без изменений; Гуандун — 7 438 т, минус 727 т; Цзянсу — 7 773 т, плюс 62 т; Чжэцзян — 12 664 т, плюс 180 т; Чунцин — 5 738 т, минус 91 т; Сычуань — 845 т, минус 150 т.