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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 10:48

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

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.

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

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