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SHFE Aluminum to Strengthen (2017-5-15)
May 15,2017 09:33CST
price review forecast
Source:SMM
LME aluminum will range USD 1,870-1,900/mt today.

SHANGHAI, May 15 (SMM) –LME aluminum will range USD 1,870-1,900/mt today. SHFE 1707 aluminum should challenge resistance at the 10-day moving average and range RMB 13,800-14,000/mt. 

In east China’s spot aluminum market, spot discounts of RMB 0-10/mt and premiums of RMB 0-30/mt are expected over SHFE 1705 aluminum contract.

Key Macroeconomic Indicators for Base Metal Prices (2017-5-15)
 

SHFE aluminum prices
aluminum prices
Al price
base metal price forecast

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