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Home / Metal News / How Will Aluminum Prices Perform This Week? SMM Reports

How Will Aluminum Prices Perform This Week? SMM Reports

iconJul 24, 2017 12:00
Source:SMM
Without fresh output cut news, aluminum prices will continue hovering at highs this week, SMM predicts.

SHANGHAI, Jul. 24 (SMM) –Without fresh output cut news, aluminum prices will continue hovering at highs this week, SMM predicts.

SMM Aluminum Price Outlook for Q3 and Q4 2017

SMM sees SHFE 1709 aluminum trading between 14,300-14,550 yuan/tonne and LME aluminum between $ 1,910-1,945/tonne.

SMM Analysis: China Alumina Supply & Demand Balance in H2 2017

In domestic spot market, growing stocks will leave suppliers more eager to sell, while traders and downstream producers will be cautious about buying. Spot discounts will remain high at 140-160 yuan/tonne.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

aluminum prices
SHFE aluminum prices
LME aluminum prices

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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