[Al Price] LME Aluminum to Range $ 1,710-1,750 Next Week - Update

Jul 3, 2015 15:07

LME aluminum will rebound to $ 1,710-1,750 per tonne next week, Shanghai Metals Market foresees.

SHANGHAI, Jun. 19 (SMM) – LME aluminum will move between $ 1,710-1,750 per tonne next week, Shanghai Metals Market foresees.

Greece delivered a landslide no vote during Sunday's referendum, which will favor the US dollar and pressure base metals.

Spot discounts in China’s spot aluminum market should narrow to 50-100 yuan per tonne over SHFE front-month contract. This is because nearing delivery date of SHFE 1507 aluminum contract will allow sellers to hold back goods at lows.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

LME aluminum prices

SHFE aluminum prices

aluminum price forecast

SMM review & forecast

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

[Al Price] LME Aluminum to Range $ 1,710-1,750 Next Week - Update

SMM Events & Webinars

NET ZERO CHINA Field Trip

SMM Indonesia Seminar: Li-ion Battery & Energy Storage

2025 ASIA BATTERY MATERIAL COOPERATION SALON