Download our mobile app to 
your devices
Android devicesiOS devices
Holiday Pricing ScheduleFREE TRIALCompliance CentreAbout UsContact Us
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltTernary Precursor and MaterialAnode MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
DashboardDatabaseProReportsEventsCar Insight
Home / Metal News / SHFE Aluminum to Post for Gains (2016-12-28)

SHFE Aluminum to Post for Gains (2016-12-28)

iconDec 28, 2016 09:38
Source:SMM
LME aluminum is predicted to range between USD 1,710-1,730/mt and SHFE 1702 aluminum will move at RMB 12,850-13,050/mt.

SHANGHAI, Dec. 28 (SMM) - LME market resumes trading on Wednesday. LME aluminum will advance on Wednesday due to firm SHFE 1702 aluminum, but any rise will be limited with resistance from the moving averages. LME aluminum is predicted to range between USD 1,710-1,730/mt. Attention should be on effect from LME aluminum and Chinese yuan. SHFE 1702 aluminum will move at RMB 12,850-13,050/mt on Wednesday, but will meet resistance at 20 and 60-day moving averages.

In China’s domestic market, spot aluminum should trade at premiums of RMB 80-120/mt on Wednesday.  

SHFE aluminum
LME aluminum
aluminum prices

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

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

Related news

SMM Events & Webinars

All
MOST POPULAR
1.Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles
2.Aluminum Wire Supplier Screening
3.Cost Analysis Of AL Extrusion For Target Units
4.Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)
5.Optimization Of Purchasing Cost For Casting Alloys
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
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
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.