LME Aluminum to Trade in Wide Range (2017-8-28)_SMM

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Home / Metal News / Aluminium / LME Aluminum to Trade in Wide Range (2017-8-28)

LME Aluminum to Trade in Wide Range (2017-8-28)

Aug 28,2017 09:38

CST

price review forecast

Source:SMM

LME aluminum will move widely around the 5-day moving average and range USD 2,050-2,085/mt today.

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)

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