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Home / Metal News / SHFE Aluminum to Trade in Wide Range (2017-8-18)

SHFE Aluminum to Trade in Wide Range (2017-8-18)

iconAug 18, 2017 09:34
Source:SMM
LME aluminum will range USD 2,055-2,075/mt today and test support at the 5-day moving average.

SHANGHAI, Aug. 18 (SMM) –LME aluminum will range USD 2,055-2,075/mt today and test support at the 5-day moving average. SHFE 1710 aluminum will move in a wide range of RMB 16,000-16,250/mt.  
In east China’s spot aluminum market, spot discounts are expected at RMB 240-200/mt over SHFE 1709 aluminum contract. 

Key Macroeconomic Indicators for Base Metal Prices (2017-8-18)

 

SHFE aluminum prices
aluminum prices
Al price
base metal price forecast

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