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LME Aluminum to Hover at Highs (2017-2-17)

iconFeb 17, 2017 09:31
Source:SMM
LME aluminum will hover at USD 1,890-1,916/mt on Friday and SHFE 1704 aluminum will move at RMB 14,200-14,500/mt.

SHANGHAI, Feb. 17 (SMM) – LME aluminum dropped on Thursday’s night trading and closed above USD 1,900/mt. The contract will hover at USD 1,890-1,916/mt on Friday and SHFE 1704 aluminum will move at RMB 14,200-14,500/mt.

In China’s domestic market, spot aluminum should trade at discounts of RMB 220-180/mt on Friday.

SHFE aluminum
LME aluminum
aluminum prices

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