SHANGHAI, Aug. 28 (SMM) –LME aluminum will move widely around the 5-day moving average and range USD 2,050-2,085/mt today. SHFE 1711 aluminum will move within RMB 16,150-16,450/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 (2017-8-28)
![2026 Arrangements for Secondary Aluminum Alloy Enterprises During Chinese New Year Break [SMM Analysis]](https://imgqn.smm.cn/production/admin/votes/imageskkgTu20240508153005.png)
![Costs Drag Down Supply-Demand Pressure, Aluminum Auxiliary Material Prices Under Pressure and Weaken [SMM Analysis]](https://imgqn.smm.cn/usercenter/NQyKF20251217171655.jpg)

