SHANGHAI, May 2 (SMM) – LME aluminum should move between USD 1,908-1,935/mt today, hovering around the 40-day moving average. SHFE 1706 aluminum will move at RMB 14,000-14,200/mt, testing support at RMB 14,000/mt.
In east China’s spot aluminum market, spot discounts of RMB 140-100/mt are expected over SHFE 1705 aluminum contract.
Key Macroeconomic Indicators for Base Metal Prices (2017-5-2)

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