LME Aluminum to Move at Highs (2017-8-9)

Price Review & Forecast 09:37:37AM Aug 09, 2017 Source:SMM

SHANGHAI, Aug. 9 (SMM) –LME aluminum will range USD 2,015-2,035/mt today. SHFE 1710 aluminum will range RMB 16,100-16,250/mt.

In east China’s spot aluminum market, spot discounts are expected to widen to RMB 200-160/mt over SHFE 1708 aluminum contract.

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LME Aluminum to Move at Highs (2017-8-9)

Price Review & Forecast 09:37:37AM Aug 09, 2017 Source:SMM

SHANGHAI, Aug. 9 (SMM) –LME aluminum will range USD 2,015-2,035/mt today. SHFE 1710 aluminum will range RMB 16,100-16,250/mt.

In east China’s spot aluminum market, spot discounts are expected to widen to RMB 200-160/mt over SHFE 1708 aluminum contract.