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Home / Metal News / LME Aluminum to Trade in Tight Range (2017-6-7)

LME Aluminum to Trade in Tight Range (2017-6-7)

iconJun 7, 2017 09:31
LME aluminum will continue struggling around USD 1,900/mt and move between USD 1,895-1,915/mt today.

SHANGHAI, Jun. 7 (SMM) –LME aluminum will continue struggling around USD 1,900/mt and move between USD 1,895-1,915/mt today. SHFE 1707 aluminum should fluctuate between RMB 13,700-13,850/mt. 

In east China’s spot aluminum market, spot discounts of RMB 60-20/mt are expected over SHFE 1706 aluminum contract.


 

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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