Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / LME Aluminum to Fall Back from Highs (2017-7-28)

LME Aluminum to Fall Back from Highs (2017-7-28)

Jul 28, 2017 09:42

Source:SMM

LME aluminum will fall back to USD 1,930-1,950/mt today deu to strong resistance at above USD 1,950/mt.

SHANGHAI, Jul. 28 (SMM) –LME aluminum will fall back to USD 1,930-1,950/mt today deu to strong resistance at above USD 1,950/mt. SHFE 1709 aluminum will drop to RMB 14,400-14,530/mt due to poor market fundamentals.

In east China’s spot aluminum market, spot discounts are expected at RMB 180-140/mt over SHFE 1708 aluminum contract.

Key Macroeconomic Indicators for Base Metal Prices (2017-7-28)

SHFE aluminum prices

aluminum prices

Al price

base metal price forecast

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

On Wednesday’s night trading, the dollar stopped falling, but a weak dollar is expected to be remain, and base metals will keep fluctuating.

Jul 20, 2017 09:38

SMM Insight Industry

SMM Price Outlook for Base Metals on SHFE (Jul. 20, 2017)

LME Aluminum to Fluctuate at Highs (2017-4-26)

LME aluminum should move at highs of USD 1,950-1,975/mt today.

Apr 26, 2017 09:40

SMM Comments

LME Aluminum to Fluctuate at Highs (2017-4-26)

SHFE Aluminum to Closes Lower (2016-12-22)

SHFE 1702 aluminum opened at RMB 12,885/mt and finally closed at RMB 12,800/mt.

Dec 22, 2016 17:41

SMM Comments

SHFE Aluminum to Closes Lower (2016-12-22)

Macquarie Hikes Forecast for Base Metals in 2017 and 2018

Macquarie raised its forecast for most base metals in the next two years, wenhua.com reported.

Dec 20, 2016 14:09

Industry Reminder

Macquarie Hikes Forecast for Base Metals in 2017 and 2018

SHFE Aluminum to Move Lower (2016-12-20)

LME aluminum will range at USD 1,700-1,720/mt on Tuesday and SHFE 1702 aluminum will move at RMB 12,500-12,720/mt.

Dec 20, 2016 09:49

SMM Comments

SHFE Aluminum to Move Lower (2016-12-20)

LME Aluminum to Set with Losses (2016-12-19)

LME aluminum will range between USD 1,702-1,725/mt with negative sentiment on Monday and SHFE 1702 aluminum is expected to move at RMB 12,500-12,960/mt.

Dec 19, 2016 10:15

SMM Comments

LME Aluminum to Set with Losses (2016-12-19)

SHFE Aluminum Finishes Lower (2016-12-16)

SHFE 1702 aluminum opened at RMB 13,020/mt and finally closed at RMB 12,915/mt.

Dec 16, 2016 19:46

SMM Comments

Main sea freight index at Baltic Exchange falls further to 1,069 points

The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities fell further to 1,069 points on Monday mainly due to weak cape and panamax indices.

Dec 13, 2016 17:10

Industry

LME Aluminum to Strength (2016-12-12)

LME aluminum will range between USD 1,735-1,760/mt on Monday and SHFE 1702 aluminum will move at RMB 13,300-13,500/mt.

Dec 12, 2016 09:38

SMM Comments

SHFE Aluminum Ends with Gains (2016-12-9)

SHFE 1702 aluminum started at RMB 13,080/mt and finally closed at RMB 13,320/mt.

Dec 9, 2016 20:35

SMM Comments

SMM Events & Webinars

All

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 (10th) China International New Energy Industry Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

LME Aluminum to Fall Back from Highs (2017-7-28)

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 (10th) China International New Energy Industry Expo