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DashboardDatabaseProReportsEventsCar InsightSHANGHAI, 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)
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