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Spot Premiums Expected in China Aluminum Market (2016-1-22)
Jan 22, 2016 09:30Source:SMM
In China’s spot aluminum market, spot premiums of RMB 80-120/mt are expected over SHFE 1602 contract on Friday.
SHANGHAI, Jan. 22 (SMM) –In China’s spot aluminum market, spot premiums of RMB 80-120/mt are expected over SHFE 1602 contract on Friday.
SHFE 1603 aluminum should move at RMB 10,650-10,825/mt.
See forecast for other base metals, please click: Shanghai Market to See Range-bound Trading, SMM Says
LME aluminum will move in tight range of USD 1,458-1,488/mt.
Key Macroeconomic Indicators for Base Metal Prices (2016-1-22)
SHFE aluminum prices
aluminum prices
Al price
base metal price forecast
For queries, please contact Michael Jiang at michaeljiang@smm.cn
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