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Home / Metal News / LME Aluminum to Hover at Highs (2017-2-17)

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
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.

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