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Home / Metal News / Spot Premiums Expected in China Aluminum Market (2016-1-22)

Spot Premiums Expected in China Aluminum Market (2016-1-22)

Jan 22, 2016 09:30

Source: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

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