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SHFE Aluminum to Remain Strong (2015-12-17)
Dec 17,2015 09:57CST
price review forecast
Source:SMM
SHFE 1602 aluminum should remain strong at RMB 10,658-10,433/mt on Thursday as longs dominate.

SHANGHAI, 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)





SHFE aluminum prices
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base metal price forecast

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