LME Aluminum to Rally (2017-4-11)-Shanghai Metals Market

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LME Aluminum to Rally (2017-4-11)

Price Review & Forecast 09:30:02AM Apr 11, 2017 Source:SMM

SHANGHAI, Apr. 11 (SMM) – LME aluminum is expected to regain lost ground on Monday’s night trading on Tuesday and will move at USD 1,910-1,950/mt. SHFE 1705 aluminum will move at RMB 13,850-14,100/mt.

In China’s domestic market, spot aluminum should trade at discounts of RMB 180-140/mt on Tuesday.

LME Aluminum to Rally (2017-4-11)

Price Review & Forecast 09:30:02AM Apr 11, 2017 Source:SMM

SHANGHAI, Apr. 11 (SMM) – LME aluminum is expected to regain lost ground on Monday’s night trading on Tuesday and will move at USD 1,910-1,950/mt. SHFE 1705 aluminum will move at RMB 13,850-14,100/mt.

In China’s domestic market, spot aluminum should trade at discounts of RMB 180-140/mt on Tuesday.