LME Aluminum to Strengthen (2016-11-8)

Published: Nov 8, 2016 09:38

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LME aluminum is predicted to move at USD 1,720-1,740/mt on Tuesday and SHFE 1701 aluminum will range between RMB 13,300-13,500/mt.

SHANGHAI, Nov. 8 (SMM) – LME aluminum is predicted to keep fluctuating at around the 5-day moving average on Tuesday and will move at USD 1,720-1,740/mt. SHFE 1701 aluminum will range between RMB 13,300-13,500/mt on Tuesday with mixed factors.

In China’s domestic market, spot aluminum should trade at premiums of RMB 330-370/mt on Tuesday.

SHFE aluminum LME aluminum aluminum prices

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