Metals News
SHFE Aluminum to Stay Weak (2017-6-14)
price review forecast
09:55AM
Jun 14,2017
Source:SMM

SHANGHAI, Jun. 14 (SMM) –SHFE 1708 aluminum will find support from rally in LME aluminum. But, poor market fundamentals will prevent prices from rising. SHFE 1708 aluminum should move at lows of RMB 13,600-13,770/mt. 

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

Key Macroeconomic Indicators for Base Metal Prices (2017-6-14)

 

SHFE aluminum prices
aluminum prices
Al price
base metal price forecast
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