Spot aluminum prices in China will draw support since buying will pick up before upcoming Mid-Autumn Festival and Chinese National Day holiday (Oct. 1-7), SMM says. 

LME Copper to Consolidate at $5,300-5,450 Next Week, SMM Says

SHANGHAI, Sept. 19 (SMM) – Spot aluminum prices in China will draw support since buying will pick up before upcoming Mid-Autumn Festival and Chinese National Day holiday (Oct. 1-7), SMM says.&nbsp; Spot discounts of 50 yuan per tonne are expected over SHFE 1510 aluminum.&nbsp; LME aluminum might hold between $1,600-1,630 per tonne until market trend clears up. SHFE 1512 aluminum, the most active contract, could hover around 12,000 yuan per tonne.&nbsp; For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.