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Home / Metal News / SHFE Aluminum to Find Support from Output Cuts in China (2015-12-2)

SHFE Aluminum to Find Support from Output Cuts in China (2015-12-2)

iconDec 2, 2015 10:25
Source:SMM
SHFE 1602 aluminum, the most active one, should move between RMB 10,250-10,400/mt on Wednesday, supported by output cuts at Chinese aluminum smelters.

SHANGHAI, Dec. 2 (SMM) – SHFE 1602 aluminum, the most active one, should move between RMB 10,250-10,400/mt on Wednesday, supported by output cuts at Chinese aluminum smelters. 

See forecast for other base metals, please click: Shanghai Base Metal Prices to Get Support from Cut News, SMM Says 

In China’s spot market, some aluminum processors will go bargain hunting. Spot discounts are expected at RMB 150-110/mt over SHFE front-month contract. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-2)






SHFE aluminum prices
aluminum prices
Al price
base metal price forecast

For queries, please contact William Gu at williamgu@smm.cn

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