LME Aluminum to Trade in Wide Range (2017-8-21)

Published: Aug 21, 2017 09:40

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LME aluminum will range USD 2,050-2,080/mt today and test support at the 5-day moving average.

SHANGHAI, Aug. 21 (SMM) –LME aluminum will range USD 2,050-2,080/mt today and test support at the 5-day moving average. SHFE 1710 aluminum will move within RMB 16,100-16,350/mt.
In east China’s spot aluminum market, spot discounts are expected at RMB 220-180/mt over SHFE 1709 aluminum contract.

Key Macroeconomic Indicators for Base Metal Prices (2017-8-21)

SHFE aluminum prices aluminum prices Al price base metal price forecast

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