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Home / Metal News / LME Aluminum to Strengthen (2016-11-8)

LME Aluminum to Strengthen (2016-11-8)

iconNov 8, 2016 09:38
Source:SMM
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

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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