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

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

Price Review & Forecast 09:31:26AM Jun 07, 2017 Source:SMM

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.


 

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

Price Review & Forecast 09:31:26AM Jun 07, 2017 Source:SMM

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.