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SHFE Aluminum to Move in Tight Range (2015-12-15)
Dec 15,2015 09:42CST
price review forecast
Source:SMM
SHFE 1602 aluminum is expected to move in a tight range of RMB 10,546-10,710/mt on Tuesday on caution before result of meeting on aluminum stockpiling.

SHANGHAI, Dec. 15 (SMM) –SHFE 1602 aluminum is expected to move in a tight range of RMB 10,546-10,710/mt on Tuesday on caution before result of meeting on aluminum stockpiling.

See forecast for other base metals, please click: Diverging Trends to Intensify in Base Metal Market, SMM Says

LME aluminum should move at USD 1,474-1,502/mt. 

Spot discounts in China are expected at RMB 140-100/mt over SHFE front-month contract. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-15)





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