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LME Aluminum to Hover at Lows (2016-3-24)

iconMar 24, 2016 09:12
Source:SMM
LME aluminum will hover at lows of USD 1,460-1,500/mt on Thursday.

SHANGHAI, Mar. 24 (SMM) –LME aluminum will hover at lows of USD 1,460-1,500/mt on Thursday. 

SHFE 1605 aluminum will be range-bound at RMB 11,430-11,510/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 (2016-3-24)





SHFE aluminum prices
aluminum prices
Al price
base metal price forecast

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