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Home / Metal News / LME Aluminum to Move Widely (2017-8-16)

LME Aluminum to Move Widely (2017-8-16)

Aug 16, 2017 09:42

LME aluminum will test support at the 5-day moving average and range USD 2,035-2,055/mt today.

SHANGHAI, Aug. 16 (SMM) –LME aluminum will test support at the 5-day moving average and range USD 2,035-2,055/mt today. SHFE 1710 aluminum will range RMB 15,750-16,050/mt.
In east China’s spot aluminum market, spot discounts are expected to widen to RMB 230-190/mt over SHFE 1709 aluminum contract.

Key Macroeconomic Indicators for Base Metal Prices (2017-8-16)

SHFE aluminum prices

aluminum prices

Al price

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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LME Aluminum to Move Widely (2017-8-16)

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