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DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Jan. 13 (SMM) –LME aluminum was dragged down by falling crude oil prices on Tuesday, and is expected to drop further to USD 1,437-1,473/mt on Wednesday.
SHFE 1603 aluminum should move at RMB 10,435-10,710/mt today.
See forecast for other base metals, please click: Shorts to Predominate Base Metal Market, SMM Says
In China’s spot market, spot discounts will narrow to RMB 130-90/mt over SHFE 1601 contract.
Key Macroeconomic Indicators for Base Metal Prices (2016-1-13)
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