Non-ferrous
PriceNewsPublicationDatabaseEventsConsultingNon-ferrous
Base metals
Minor metals
Precious metals
Scrap metals
Rare earth
News
SHFE Aluminum to Strengthen (2017-9-4)
Sep 4,2017 09:34
CSTprice review forecast
Source:SMM
LME aluminum will rise further to USD 2,130-2,155/mt today after hitting highest since February 2013, due to positive KDJ and bullishness in other base metals.
SHANGHAI, Sep. 4 (SMM) –LME aluminum will rise further to USD 2,130-2,155/mt today after hitting highest since February 2013, due to positive KDJ and bullishness in other base metals. Ferrous metals performed well due to fire at three steel plants. Beijing, Tianjin and Hebei began environmental crackdowns. As such, SHFE 1711 aluminum still has room to rise and will range RMB 16,700-17,000/mt today.
In east China’s spot aluminum market, spot discounts are expected at RMB 260-220/mt over SHFE 1709 aluminum contract.
Key Macroeconomic Indicators for Base Metal Prices (2017-9-4)
SHFE aluminum prices
aluminum prices
Al price
base metal price forecast
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
SMM Price Outlook for Base Metals on SHFE (Oct. 31, 2017)
Base metals are split on Monday’s night trading, and prices are expected to keep swinging widely.
Oct 31, 2017 09:15CST
LME Base Metals Inventories (2017-10-20)
The table below shows inventories of base metals on the LME on October 20.
Oct 20, 2017 16:19CST
LME Copper to Fall Further (2017-10-20)
LME copper will drop to USD 6,940-6,990/mt today on negative technical side, while SHFE 1712 copper will move at RMB 54,100-54,600/mt.
Oct 20, 2017 09:44CST
LME Tin to Fall (2017-10-20)
LME tin will test support at USD 20,000/mt today.
Oct 20, 2017 09:43CST
LME Base Metals Cash to 3-Month Backwardation/Contango (2017-10-12)
The table below shows cash to 3-month backwardation/contango of base metals on the LME on October 12.
Oct 13, 2017 10:25CST
MOST POPULAR
data analysis
price review forecast
feature
China Metals Market
Back to old version
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Copyright © 2020 SMM Information & Technology Co, Ltd. All rights reserved.