Home / Metal News /  / SHFE Aluminum to Gather Strength (2015-12-29)
SHFE Aluminum to Gather Strength (2015-12-29)
Dec 29,2015 09:39CST
price review forecast
Source:SMM
SHFE 1603 aluminum will regained RMB 10,600/mt mark overnight and should move between RMB 10,490-10,720/mt on Tuesday.

SHANGHAI, Dec. 29 (SMM) –SHFE 1603 aluminum will regained RMB 10,600/mt mark overnight and should move between RMB 10,490-10,720/mt on Tuesday.

See forecast for other base metals, please click: Strong Dollar to Pressure the Light Trading Market, SMM Says

LME aluminum should range USD 1,520-1,535/mt. 

In China’s spot market, spot discounts of RMB 0-10/mt and spot premiums of RMB 0-10/mt are expected over SHFE 1601 contract. 

Key Macroeconomic Indicators for Base Metal Prices (2015-12-29)




​SHFE aluminum prices
aluminum prices
Al price
base metal price forecast

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news