LME Aluminum to Struggle around Moving Averages (2017-6-2)

Published: Jun 2, 2017 09:51

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LME aluminum will continue struggling around moving averages and move between USD 1,920-1,940/mt today.

SHANGHAI, Jun. 2 (SMM) –LME aluminum will continue struggling around moving averages and move between USD 1,920-1,940/mt today. SHFE 1707 aluminum should move between RMB 13,700-13,900/mt.

In east China’s spot aluminum market, spot discounts of RMB 80-40/mt are expected over SHFE 1706 aluminum contract.

Key Macroeconomic Indicators for Base Metal Prices (2017-6-2)

SHFE aluminum prices aluminum prices Al price base metal price forecast

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