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DashboardDatabaseProReportsEventsConsultingSHANGHAI, May 6 (SMM) – The US dollar has strengthened due to hawkish speech from US Fed officials. This will keep LME aluminum in check at USD 1,590-1,610/mt on Friday.
SHFE 1607 aluminum will move at RMB 12,150-12,350/mt.
In China’s spot aluminum market, spot discounts of RMB 0-20/mt and spot premiums of RMB 0-20/mt are expected over SHFE 1605 aluminum contract.
Key Macroeconomic Indicators for Base Metal Prices (2016-5-6)
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