Home / Metal News / LME Aluminum to Continue Testing Support (2017-8-22)

LME Aluminum to Continue Testing Support (2017-8-22)

iconAug 22, 2017 09:42
Source:SMM
LME aluminum will continue testing support at the 5-day moving average and range USD 2,075-2,095/mt today.

SHANGHAI, Aug. 22 (SMM) –LME aluminum will continue testing support at the 5-day moving average and range USD 2,075-2,095/mt today. SHFE 1710 aluminum will move within RMB 16,380-16,600/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 (2017-8-22)

 

SHFE aluminum prices
aluminum prices
Al price
base metal price forecast

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news