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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

Source:SMM

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)

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

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