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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
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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