SHFE 1708 aluminum will move at RMB 13,620-13,770/mt, with strong resistance at the 10-day moving average and market sentiment still bearish. 

Key Macroeconomic Indicators for Base Metal Prices (2017-6-13)

SHANGHAI, Jun. 13 (SMM) &ndash;SHFE 1708 aluminum will move at RMB 13,620-13,770/mt, with strong resistance at the 10-day moving average and market sentiment still bearish.&nbsp;

In east China&rsquo;s spot aluminum market, spot discounts of RMB 20-60/mt are expected over SHFE 1706 aluminum contract with delivery of the contract nearing.

<a href="https://news.metal.com/newscontent/100740800/Key-Macroeconomic-Indicators-for-Base-Metal-Prices-(2017-6-13)">Key Macroeconomic Indicators for Base Metal Prices (2017-6-13)</a> 
 
&nbsp;