Metals News
LME Aluminum to Move Lower (2016-10-19)
price review forecast
09:45AM
Source:SMM

SHANGHAI, Oct. 19 (SMM) – LME aluminum should drop to USD 1,640-1,665/mt on Wednesday with negative technical indicators. SHFE 1612 aluminum is expected to range between the 5 and 10-day moving averages at RMB 12,650-12,800/mt on Wednesday.

In China’s domestic market, spot aluminum will trade at premiums of RMB 250-290/mt over SHFE 1611 aluminum on Wednesday.

LME aluminum
SHFE aluminum
aluminum prices
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 Price

No Data