Spot Discounts Widen in East China Aluminum Market (Aug. 25, 2015)_SMM

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Home / Metal News / Zinc / Spot Discounts Widen in East China Aluminum Market (Aug. 25, 2015)

Spot Discounts Widen in East China Aluminum Market (Aug. 25, 2015)

Aug 25,2015 13:19

CST

price review forecast

Source:SMM

SHFE 1509 aluminum moved around RMB 11,860/mt on Tuesday.

SHANGHAI, Aug. 25 (SMM) – SHFE 1509 aluminum moved around RMB 11,860/mt on Tuesday. Aluminum prices were mainly between RMB 11,770-11,790/mt in Shanghai, discounts of RMB 70-90/mt over September aluminum on the SHFE, versus RMB 11,770-11,800/mt in Wuxi and RMB 11,760-11,780/mt in Hangzhou. Trading was mainly among traders.

Al price

Shanghai aluminum prices

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LME aluminum will range USD 2,110-2,135/mt today, seeking support from SHFE aluminum.

Sep 12, 2017 09:35 timezone

CST

price review & forecast

SHFE Aluminum to Rise further (2017-9-12)

LME Aluminum to Fall further (2017-9-11)

LME aluminum will drop to USD 2,080-2,105/mt today on strong bearishness.

Sep 11, 2017 09:46 timezone

CST

price review & forecast

LME Aluminum to Fall further (2017-9-11)

SHFE Aluminum to Strengthen (2017-9-4)

LME aluminum will rise further to USD 2,130-2,155/mt today after hitting highest since February 2013, due to positive KDJ and bullishness in other base metals.

Sep 4, 2017 09:34 timezone

CST

price review & forecast

LME Aluminum to Fall on Growing Stocks (2017-8-23)

LME aluminum will fall to USD 2,060-2,090/mt today since LME aluminum stocks are beginning to rise.

Aug 23, 2017 09:32 timezone

CST

price review & forecast

LME Aluminum to Fall on Growing Stocks (2017-8-23)

SHFE Aluminum to Trade in Wide Range (2017-8-18)

LME aluminum will range USD 2,055-2,075/mt today and test support at the 5-day moving average.

Aug 18, 2017 09:34 timezone

CST

price review & forecast

SHFE Aluminum to Trade in Wide Range (2017-8-18)

SHFE 1709 Aluminum Rises Sharply (2017-7-31)

SHFE 1709 aluminum rose sharply on Monday as lots of positive news attracted longs to raise bullish bets.

Jul 31, 2017 19:09 timezone

CST

price review & forecast

SHFE 1709 Aluminum Rises Sharply (2017-7-31)

LME Aluminum to Fall Back from Highs (2017-7-28)

LME aluminum will fall back to USD 1,930-1,950/mt today deu to strong resistance at above USD 1,950/mt.

Jul 28, 2017 09:42 timezone

CST

price review & forecast

LME Aluminum to Fall Back from Highs (2017-7-28)

LME Aluminum to Rise (2017-7-27)

The US dollar index fell to its lowest since July at 93.349 following the US Fed’s decision not to hike rate.

Jul 27, 2017 09:46 timezone

CST

price review & forecast

SHFE 1709 Aluminum Rises on Long Buying (2017-7-25)

SHFE 1709 aluminum opened at RMB 14,465/mt on Tuesday.

Jul 25, 2017 19:50 timezone

CST

price review & forecast

SHFE 1709 Aluminum Rises on Long Buying (2017-7-25)

SHFE 1709 Aluminum Falls Back After Rising Initially (2017-7-20)

SHFE 1709 aluminum opened at RMB 14,430/mt on Thursday, and jumped to RMB 14,520/mt.

Jul 20, 2017 17:28 timezone

CST

price review & forecast

SHFE 1709 Aluminum Falls Back After Rising Initially (2017-7-20)

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