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LME Aluminum to Strengthen (2017-7-4)
Jul 4,2017 09:43CST
SMM Comments
Source:SMM
LME aluminum will challenge USD 1,930/mt and range USD 1,920-1,940/mt today.

SHANGHAI, Jul. 4 (SMM) – LME aluminum will challenge USD 1,930/mt and range USD 1,920-1,940/mt today. SHFE 1708 aluminum will correct at highs of RMB 14,000-14,160/mt since output cut news at East Hope has been digested. 

In east China’s spot aluminum market, spot discounts are expected at RMB 160-120/mt over SHFE 1707 aluminum contract.  

Key Macroeconomic Indicators for Base Metal Prices (2017-7-4)

 

SHFE aluminum prices
aluminum prices
Al price
base metal price forecast

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