Home / Metal News /  / SHFE Aluminum to Outperform LME Aluminum (2015-12-7)
SHFE Aluminum to Outperform LME Aluminum (2015-12-7)
Dec 7,2015 09:47CST
price review forecast
Source:SMM
Aluminum output cuts in China will allow SHFE aluminum to outperform LME aluminum to Monday, with prices for SHFE 1602 aluminum expected at RMB 10,300-10,450/mt.

SHANGHAI, Dec. 7 (SMM) – Aluminum output cuts in China will allow SHFE aluminum to outperform LME aluminum to Monday, with prices for SHFE 1602 aluminum expected at RMB 10,300-10,450/mt.

LME aluminum will move between USD 1,490-1,520/mt. 

See forecast for other base metals, please click: Volatility at Lows to Grow in Base Metal Prices This Week, SMM Says

In China’s spot market, spot discounts are expected at RMB 130-80/mt over SHFE front-month contract. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-7)







​SHFE aluminum prices
aluminum prices
Al price
base metal price forecast

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news