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Home / Metal News / LME Aluminum to Strengthen (2017-3-31)

LME Aluminum to Strengthen (2017-3-31)

iconMar 31, 2017 09:33
LME aluminum will fluctuate between USD 1,955-1,980/mt and SHFE 1705 aluminum will move at RMB 13,700-14,000/mt.

SHANGHAI, Mar. 31 (SMM) – LME aluminum hit the highest level since May 2015. The contract will move higher on Friday and fluctuate between USD 1,955-1,980/mt. SHFE 1705 aluminum will test RMB 14,000/mt on Friday and move at RMB 13,700-14,000/mt.

In China’s domestic market, spot copper 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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