LME Aluminum to Fluctuate at Highs (2017-5-24)

Published: May 24, 2017 09:44

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LME aluminum will move at highs of USD 1,935-1,965/mt today.

SHANGHAI, May 24 (SMM) –LME aluminum will move at highs of USD 1,935-1,965/mt today. SHFE 1707 aluminum should move between RMB 13,950-14,150/mt.

In east China’s spot aluminum market, spot discounts of RMB 120-80/mt are expected over SHFE 1706 aluminum contract.

Key Macroeconomic Indicators for Base Metal Prices (2017-5-24)

SHFE aluminum prices aluminum prices Al price base metal price forecast

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.

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