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

Published: Jan 22, 2016 09:30

Save

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 communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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