LME Aluminum to Swing Widely (2017-5-11)

Published: May 11, 2017 09:33

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LME aluminum will trade in a wide range of USD 1,850-1,880/mt today.

SHANGHAI, May 11 (SMM) –LME aluminum will trade in a wide range of USD 1,850-1,880/mt today. SHFE 1707 aluminum should move between RMB 13,750-14,000/mt and struggle around moving averages.

In east China’s spot aluminum market, spot discounts of RMB 0-40/mt are expected over SHFE 1705 aluminum contract.

Key Macroeconomic Indicators for Base Metal Prices (2017-5-11)

SHFE aluminum prices aluminum prices Al price base metal price forecast

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