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LME Aluminum to Test Support (2015-12-22)

iconDec 22, 2015 09:40
Source:SMM
LME aluminum will test support at the 60-day moving average and move at USD 1,499-1,520/mt on Tuesday.

SHANGHAI, Dec. 22 (SMM) –LME aluminum will test support at the 60-day moving average and move at USD 1,499-1,520/mt on Tuesday. 

SHFE 1603 aluminum is expected to move at RMB 10,669-10,828/mt. 

See forecast for other base metals, please click: Shanghai Base Metal Price to Rise, with Stronger Tin, SMM Says

Spot discounts in China are expected at RMB 120-80/mt over SHFE 1601 contract. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-22)





SHFE aluminum prices
aluminum prices
Al price
base metal price forecast

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