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SHFE Aluminum to Rise Further as Output Cuts Spread (2015-12-1)
Dec 1,2015 09:37CST
price review forecast
Source:SMM
SHFE 1602 aluminum, the most active one, should consolidate between RMB 10,040-10,140/mt on Tuesday, due to intense gain between longs and shorts.

SHANGHAI, Dec. 1 (SMM) – SHFE 1602 aluminum, the most active one, should consolidate between RMB 10,040-10,140/mt on Tuesday, due to intense gain between longs and shorts. 

See forecast for other base metals, please click: Shanghai Base Metals to Diverge, SMM Says

In China’s spot market, aluminum processors will show low buying interest. Spot discounts are expected at RMB 160-120/mt over SHFE front-month contract. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-1)




SHFE aluminum prices
aluminum prices
Al price
base metal price forecast

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