Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / LME Aluminum to Rally (2017-4-5)

LME Aluminum to Rally (2017-4-5)

Apr 5, 2017 09:36

Source:SMM

LME aluminum will move at USD 1,922-1,946/mt and SHFE 1705 aluminum will move between RMB 13,800-14,100/mt on Wednesday.

SHANGHAI, Apr. 5 (SMM) – LME aluminum will rally to the 10-day moving average on Wednesday and will move at USD 1,922-1,946/mt. SHFE 1705 aluminum will decline and will move between RMB 13,800-14,100/mt on Wednesday.

In China’s domestic market, spot aluminum should trade at discounts of RMB 200-160/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

Aluminum stocks in China’s seven major markets have added another 57,000 tonnes week-on-week to 1.53 million tonnes this week, SMM data showed.

Aug 25, 2017 18:21

SMM Insight

Bulls Watch Out: Aluminum Stocks in China Exceed 1.5 Million Tonnes, SMM Warns

LME Aluminum to Fall on Growing Stocks (2017-8-23)

LME aluminum will fall to USD 2,060-2,090/mt today since LME aluminum stocks are beginning to rise.

Aug 23, 2017 09:32

SMM Comments

LME Aluminum to Fall on Growing Stocks (2017-8-23)

Hebei Eliminates 20,000 Sets of Coal-Fired Furnaces in January-July 2017

Hebei, promoting to supply heating by clean energy in winter days, has cracked down 20,379 sets of coal-fired furnaces in the first seven months of 2017.

Aug 22, 2017 09:40

Industry

Hebei Eliminates 20,000 Sets of Coal-Fired Furnaces in January-July 2017

LME Base Metals Cash to 3-Month Backwardation/Contango (2017-8-17)

The table below shows cash to 3-month backwardation/contango of base metals on the LME on August 17.

Aug 18, 2017 10:55

SMM Insight

LME Base Metals Cash to 3-Month Backwardation/Contango (2017-8-17)

SHFE Aluminum to Trade in Wide Range (2017-8-18)

LME aluminum will range USD 2,055-2,075/mt today and test support at the 5-day moving average.

Aug 18, 2017 09:34

SMM Comments

SHFE Aluminum to Trade in Wide Range (2017-8-18)

SHFE 1710 Aluminum Falls Back after Initial Rise (2017-8-16)

SHFE 1710 aluminum opened at RMB 15,890/mt on Wednesday.

Aug 16, 2017 17:19

SMM Comments

SHFE 1710 Aluminum Falls Back after Initial Rise (2017-8-16)

Trading Brisk in Spot Market as SHFE Aluminum Rally Fuels Bullishness, SMM Reports

Trading activity turned active in both east and south China markets today as traders entered out of bullishness after SHFE aluminum’s big rally.

Aug 16, 2017 15:11

SMM Insight

Trading Brisk in Spot Market as SHFE Aluminum Rally Fuels Bullishness, SMM Reports

UBS Raises Aluminum Price Forecast on More-than-Expected Closure in China

UBS raised its forecast for aluminum prices in Q4 2017 and Q1 2018.

Aug 16, 2017 15:02

Industry Reminder

UBS Raises Aluminum Price Forecast on More-than-Expected Closure in China

US Shredded Scrap, Aluminum Scrap prices continue to remain steady

United States shredded scrap average weekly prices continued to remain steady during the week ended July 07, while major US aluminum scrap commodities weekly average prices on Scrap Register Price Ind

Aug 11, 2017 15:48

Industry

US Shredded Scrap, Aluminum Scrap prices continue to remain steady

Novelis Reports Over Three-Fold Jump in Net Income In Q1 of Fiscal 2018

Novelis Inc. has announced that it has more than tripled its net income during the first quarter of fiscal year 2018.

Aug 9, 2017 13:18

Industry

Novelis Reports Over Three-Fold Jump in Net Income In Q1 of Fiscal 2018

SMM Events & Webinars

All

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

LME Aluminum to Rally (2017-4-5)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit