LME Aluminum to Strengthen (2017-4-12)

Published: Apr 12, 2017 09:25
LME aluminum will advance during Asian trading hours on Wednesday and will move at USD 1,913-1,950/mt. SHFE 1706 aluminum will move at RMB 13,900-14,150/mt.

SHANGHAI, Apr. 12 (SMM) – LME aluminum will advance during Asian trading hours on Wednesday and will move at USD 1,913-1,950/mt. SHFE 1706 aluminum will move at RMB 13,900-14,150/mt.

In China’s domestic market, spot aluminum should trade at discounts of RMB 160-120/mt on Wednesday.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn