SHFE Aluminum to Move Lower (2017-3-14)

Published: Mar 14, 2017 09:36

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LME aluminum will trade at USD 1,870-1,895/mt and SHFE 1705 aluminum will move between RMB 13,680-13,950/mt.

SHANGHAI, Mar. 14 (SMM) – LME aluminum will test support at the 5-day moving average on Tuesday and will trade at USD 1,870-1,895/mt. SHFE 1705 aluminum will keep falling and move between RMB 13,680-13,950/mt.

In China’s domestic market, spot aluminum should trade at discounts of RMB 100-60/mt on Tuesday.

SHFE aluminum LME aluminum aluminum prices

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