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Home / Metal News / LME Aluminum to Move Wildly (2016-7-1)

LME Aluminum to Move Wildly (2016-7-1)

Jul 1, 2016 09:22

Source:SMM

Manufacturing PMIs from major economies to be released today will leave LME aluminum moving in a wide range of USD 1,635-1,660/mt.

SHANGHAI, Jul. 1 (SMM) – Manufacturing PMIs from major economies to be released today will leave LME aluminum moving in a wide range of USD 1,635-1,660/mt.

SHFE 1608 aluminum will challenge previous highs and move at RMB 12,600-12,800/mt.

In China’s spot aluminum market, spot premiums of RMB 60-100/mt are expected over SHFE 1607 aluminum contract.

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SHFE aluminum prices

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