Non-ferrous
PriceNewsPublicationDatabaseEventsConsultingNon-ferrous
Base metals
Minor metals
Precious metals
Scrap metals
Rare earth
News
LME Aluminum to See Range-Bound Trading (2016-5-23)
May 23,2016 09:45
CSTprice review forecast
Source:SMM
LME aluminum will struggle around the 5-day and 10-day moving averages and trade in a tight range of USD 1,540-1,560/mt on Monday.
SHANGHAI, May 23 (SMM) –LME aluminum will struggle around the 5-day and 10-day moving averages and trade in a tight range of USD 1,540-1,560/mt on Monday.
SHFE 1607 aluminum will find support at the 5-day and 20-day moving averages and move at RMB 12,350-12,550/mt.
In China’s spot aluminum market, spot premiums of RMB 0-40/mt are expected over SHFE 1606 aluminum contract.
Key Macroeconomic Indicators for Base Metal Prices (2016-5-23)
SHFE aluminum prices
aluminum prices
Al price
base metal price forecast
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
SMM Price Outlook for Base Metals on SHFE (Oct. 31, 2017)
Base metals are split on Monday’s night trading, and prices are expected to keep swinging widely.
Oct 31, 2017 09:15CST
LME Base Metals Inventories (2017-10-20)
The table below shows inventories of base metals on the LME on October 20.
Oct 20, 2017 16:19CST
LME Copper to Fall Further (2017-10-20)
LME copper will drop to USD 6,940-6,990/mt today on negative technical side, while SHFE 1712 copper will move at RMB 54,100-54,600/mt.
Oct 20, 2017 09:44CST
LME Tin to Fall (2017-10-20)
LME tin will test support at USD 20,000/mt today.
Oct 20, 2017 09:43CST
LME Base Metals Cash to 3-Month Backwardation/Contango (2017-10-12)
The table below shows cash to 3-month backwardation/contango of base metals on the LME on October 12.
Oct 13, 2017 10:25CST
MOST POPULAR
smm insight
feature
China Metals Market
Back to old version
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Copyright © 2020 SMM Information & Technology Co, Ltd. All rights reserved.