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Home / Metal News / Aluminum Prices to Hold Firm on Tight Supply in China (2015-12-24)

Aluminum Prices to Hold Firm on Tight Supply in China (2015-12-24)

iconDec 24, 2015 09:33
SHFE 1603 aluminum is expected to rise to RMB 10,850-10,950/mt on Thursday, as production cuts in China will lure longs in.

SHANGHAI, Dec. 24 (SMM) –SHFE 1603 aluminum is expected to rise to RMB 10,850-10,950/mt on Thursday, as production cuts in China will lure longs in. 

See forecast for other base metals, please click: Base Metal Prices to Rise in Asian Trading Hours as LME closed, SMM Says

Spot discounts in China are expected to narrow to RMB 90-50/mt over SHFE 1601 contract. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-24)




SHFE aluminum prices
aluminum prices
Al price
base metal price forecast
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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