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Home / Metal News / SHFE Aluminum to Rise on Output Cut News (2015-11-25)

SHFE Aluminum to Rise on Output Cut News (2015-11-25)

iconNov 25, 2015 09:24
Source:SMM
SHFE 1602 aluminum, the most active one, should rise to RMB 9,770-9,900/mt on Wednesday as rumor says that more Chinese smelters will cut output.

SHANGHAI, Nov. 25 (SMM) – SHFE 1602 aluminum, the most active one, should rise to RMB 9,770-9,900/mt on Wednesday as rumor says that more Chinese smelters will cut output. 

See forecast for other base metals, please click: Shanghai Base Metals to See Short-Covering Rally, SMM Says

In China’s spot market, spot discounts are expected to widen to RMB 140-100/mt over SHFE front-month contract. 

Key Macroeconomic Indicators for Base Metal Prices (2015-11-25)        




​SHFE aluminum prices
aluminum prices
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base metal price forecast

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