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Home / Metal News / SHFE Aluminum to Fall Further Below RMB 10,000/mt (2015-11-23)

SHFE Aluminum to Fall Further Below RMB 10,000/mt (2015-11-23)

Nov 23, 2015 02:48

Source:SMM

SHFE 1602 aluminum, the most active one, should drop further to RMB 9,700-9,800/mt on Monday.

SHANGHAI, Nov. 23 (SMM) – SHFE 1602 aluminum, the most active one, should drop further to RMB 9,700-9,800/mt on Monday.

See forecast for other base metals, please click: Base Metal Prices to See Bigger Volatility at Lows, SMM Says

Spot aluminum in China’s domestic market should trade at discounts of RMB 130-110/mt over SHFE front-month contract.

Key Macroeconomic Indicators for Base Metal Prices (2015-11-23)

SHFE aluminum prices

aluminum price forecast

For queries, please contact William Gu at williamgu@smm.cn

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

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SHFE Aluminum to Fall Further Below RMB 10,000/mt (2015-11-23)

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