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LME Aluminum to Look for Support (2017-6-6)
Jun 6,2017 09:38CST
price review forecast
Source:SMM
LME aluminum will test support at USD 1,900/mt and move between USD 1,890-1,915/mt today.

SHANGHAI, Jun. 6 (SMM) –LME aluminum will test support at USD 1,900/mt and move between USD 1,890-1,915/mt today. SHFE 1707 aluminum should fall further to RMB 13,550-13,750/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 (2017-6-6)

 

SHFE aluminum prices
aluminum prices
Al price
base metal price forecast

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