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Home / Metal News / SHFE Aluminum to Hover at Highs (2016-3-25)

SHFE Aluminum to Hover at Highs (2016-3-25)

Mar 25, 2016 09:19

Source:SMM

LME market is closed on Friday for Good Friday holiday.

SHANGHAI, Mar. 25 (SMM) –LME market is closed on Friday for Good Friday holiday.

SHFE 1605 aluminum has been rising for three days in a row and will remain strong at RMB 11,520-11,650/mt on Friday.

In China’s spot aluminum market, spot discounts of RMB 70-30/mt are expected over SHFE 1604 aluminum contract.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-25)

SHFE aluminum prices

aluminum prices

Al price

base metal price forecast

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