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DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Dec. 17 (SMM) –SHFE 1602 aluminum should remain strong at RMB 10,658-10,433/mt on Thursday as longs dominate.
LME aluminum should move at USD 1,476-1,502/mt on Wednesday, challenging resistance at USD 1,500/mt.
See forecast for other base metals, please click: No Big Impact on Base Metal Prices from US Rate Hike, SMM Says
Spot discounts in China are expected at RMB 90-110/mt over SHFE front-month contract.
Key Macroeconomic Indicators for Base Metal Prices (2015-12-17)
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