Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / LME Aluminum to Move Lower (2016-12-14)

LME Aluminum to Move Lower (2016-12-14)

Dec 14, 2016 09:27

Source:SMM

LME aluminum will move at USD 1,730-1,750/mt on Wednesday and SHFE 1702 aluminum will range between RMB 12,920-13,120/mt.

SHANGHAI, Dec. 14 (SMM) – Market players are waiting for US Federal Reserve’s rate decision in December’s meeting with wary sentiment. LME aluminum will test support at the 5 and 20-day moving averages and will move at USD 1,730-1,750/mt on Wednesday. SHFE 1702 aluminum is predicted to test RMB 13,000/mt and will range between RMB 12,920-13,120/mt on Wednesday.

In China’s domestic market, spot aluminum should trade at discounts of RMB 80-40/mt on Wednesdays.

SHFE aluminum

LME aluminum

aluminum prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SHFE 1705 aluminum opened at RMB 13,830/mt and ended at RMB 13,805/mt.

Mar 22, 2017 18:02

SMM Comments

SHFE Aluminum Ends Higher (2017-3-16)

SHFE 1705 aluminum started at RMB 13,810/mt and ended at RMB 13,960/mt.

Mar 16, 2017 17:03

SMM Comments

SHFE Aluminum to Move in a Tight Range (2017-3-10)

LME aluminum will trade at USD 1,860-1,890/mt on Friday and SHFE 1705 aluminum will fluctuate between RMB 13,550-13,850/mt.

Mar 10, 2017 09:54

SMM Comments

SHFE Aluminum Ends Lower (2017-3-2)

SHFE 1704 aluminum opened at RMB 14,225/mt and closed at RMB 14,145/mt.

Mar 2, 2017 17:26

SMM Comments

SHFE Aluminum to Move Lower (2017-1-6)

SHFE 1703 aluminum started at RMB 12,620/mt and finally ended at RMB 12,510/mt.

Jan 6, 2017 21:31

SMM Comments

LME Aluminum to Move in a Tight Range (2017-1-5)

LME aluminum will fluctuate at USD 1,675-1,695/mt on Thursday and SHFE 1703 aluminum is expected to move at RMB 12,620-12,780/mt.

Jan 5, 2017 10:07

SMM Comments

LME Aluminum to Move in a Tight Range (2017-1-5)

SHFE Aluminum Closes Lower (2016-12-14)

SHFE 1702 aluminum opened at RMB 13,060/mt and finally closed at RMB 13,040/mt.

Dec 14, 2016 16:54

SMM Comments

SHFE Aluminum Finishes with Losses (2016-11-15)

SHFE 1701 aluminum started at RMB 14,180/mt and finally ended at RMB 13,800/mt.

Nov 15, 2016 19:08

SMM Comments

LME Aluminum to Strengthen (2016-11-8)

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.

Nov 8, 2016 09:38

SMM Comments

SHFE Aluminum Ends with Gains (2016-3-31)

SHFE 1605 aluminum opened at RMB 11,760/mt on Thursday.

Mar 31, 2016 17:09

SMM Comments

SMM Events & Webinars

All

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  Emmanuel Centre，London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

LME Aluminum to Move Lower (2016-12-14)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025