SHFE 1708 aluminum fell sharply last Friday on short selling, and will fall further to RMB 13,750-13,900/mt on growing supply. 

SHFE Zinc to Recover Losses (2017-6-12)

SHANGHAI, Jun. 12 (SMM) &ndash;SHFE 1708 aluminum fell sharply last Friday on short selling, and will fall further to RMB 13,750-13,900/mt on growing supply.&nbsp;

In east China&rsquo;s spot aluminum market, spot discounts of RMB 30-70/mt are expected over SHFE 1706 aluminum contract.

<a href="https://news.metal.com/newscontent/100740565/Key-Macroeconomic-Indicators-for-Base-Metal-Prices-(2017-6-12)">Key Macroeconomic Indicators for Base Metal Prices (2017-6-12)</a> 
 
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