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SHFE Aluminum to Fall Further Below RMB 10,000/mt (2015-11-23)
Nov 23, 2015 10:48Source: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
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