LME Aluminum to See Range-bound Trading (2016-3-21)

Published: Mar 21, 2016 09:50

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LME aluminum is expected to be range-bound at USD 1,510-1,540/mt on Monday.

SHANGHAI, Mar. 21 (SMM) –LME aluminum is expected to be range-bound at USD 1,510-1,540/mt on Monday.

SHFE 1605 aluminum is expected to move at RMB 11,400-11,500/mt.

In China’s spot aluminum market, spot discounts of RMB 50-10/mt are expected over SHFE 1604 aluminum contract.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-21)

SHFE aluminum prices aluminum prices Al price base metal price forecast

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