LME Aluminum to Struggle around Moving Averages (2017-8-2)

Published: Aug 2, 2017 09:34

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LME aluminum should continue struggling around moving averages and range USD 1,903-1,917/mt today.

SHANGHAI, Aug. 2 (SMM) –LME aluminum should continue struggling around moving averages and range USD 1,903-1,917/mt today. SHFE 1709 aluminum will range RMB 14,380-14,500/mt.

In east China’s spot aluminum market, spot discounts are expected at RMB 170-130/mt over SHFE 1708 aluminum contract.

Key Macroeconomic Indicators for Base Metal Prices (2017-8-2)

SHFE aluminum prices aluminum prices Al price base metal price forecast

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