Non-ferrous
Non-ferrous
Base Metals
Minor Metals
Precious Metals
Scrap Metals
Rare Earth
New Energy
PriceNewsPublicationDatabase
EventsConsulting
News
EventsConsultingSHFE Aluminum to Face Pressure from Short Selling (2016-10-18)
Oct 18,2016 09:10
CSTSMM Comments
Source:SMM
SHFE 1611 aluminum will fall to RMB 12,550-12,750/mt due to growing short momentum.
SHANGHAI, Oct. 18 (SMM) –SHFE 1611 aluminum will fall to RMB 12,550-12,750/mt due to growing short momentum.
LME aluminum will drop to USD 1,650-1,670/mt due to short selling.
In east China spot market, spot premiums of RMB 260-300/mt are expected over SHFE 1611 aluminum contract.
Key Macroeconomic Indicators for Base Metal Prices (2016-10-18)
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
LME Base Metals Inventories (2017-10-11)
The table below shows inventories of base metals on the LME on October 11.
Oct 11, 2017 16:22CST
SMM Aluminum Price Falls in Week Ending September 29
SMM weekly average aluminum price dropped in the week ending Sept. 29.
Sep 29, 2017 18:15CST
Aluminum Prices in East China Jump on Two Factors, SMM Reports
Aluminum prices in east China market rose notably on Wednesday thanks to pre-holiday stocking and higher SHFE aluminum.
Sep 27, 2017 17:16CST
SHFE Tin to Hover at Highs (2017-9-27)
LME tin will find support at USD 20,400/mt and resistance at USD 20,900/mt today.
Sep 27, 2017 09:34CST
LME Copper to Move at Lows (2017-9-27)
LME copper will range USD 6,380-6,470/mt today and test support at the 60-day moving average.
Sep 27, 2017 09:27CST
LME Aluminum to Fluctuate at Highs (2017-9-22)
LME aluminum will fluctuate at highs after base metals plunged yesterday, moving between USD 2,140-2,175/mt.
Sep 22, 2017 09:37CST
SMM Events & Webinars
All- Sep23
2021 China rare earth permanent magnet industry
Sep 23 - 24,20212021 China rare earth permanent magnet industryHefei, China
MOST POPULAR
SMM Comments
SMM Comments
SMM Comments
Shanghai Metals Market
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 © 2021 SMM Information & Technology Co, Ltd. All rights reserved.
