SHFE Aluminum to Challenge New Highs (2017-8-24)

Published: Aug 24, 2017 09:51

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On Thursday, LME aluminum is estimated to trade widely between USD 2,085-2,120/mt, and SHFE aluminum may challenge new highs, with price between RMB 16,550-16,850/mt.

SHANGHAI, Aug. 24 (SMM) – On Thursday, LME aluminum is estimated to trade widely between USD 2,085-2,120/mt, and SHFE aluminum may challenge new highs, with price between RMB 16,550-16,850/mt.

In China’s domestic spot market, spot discounts are expected to expand to RMB 220-180/mt.

aluminum price aluminum price forecast base metal price forecast

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