SHFE Aluminum to Consolidate after Big Decline (2017-9-5)_SMM

Compliance Centre Products About Us Contact Us

English

English 中文

News

Non-ferrous

Base metals

Minor metals

Precious metals

Scrap metals

Rare earth

Steel

Coke Iron Ore Pig Iron Finished Steel Stainless Steel

New Energy

Cobalt Lithium Ternary Precursor and Material Chemical compound

Price News Publication Database Events Consulting

Publication Database Events Consulting SMM APP Compliance Centre About Us SMM Credit Service Contact Us What We Do?

Home / Metal News / Aluminium / SHFE Aluminum to Consolidate after Big Decline (2017-9-5)

SHFE Aluminum to Consolidate after Big Decline (2017-9-5)

Sep 5,2017 09:33

CST

price review forecast

Source:SMM

SHFE 1711 aluminum will hover around RMB 16,500-16,700/mt on Tuesday after big fall yesterday.

SHANGHAI, Sep. 5 (SMM) –SHFE 1711 aluminum will hover around RMB 16,500-16,700/mt on Tuesday after big fall yesterday. LME aluminum will move within USD 2,105-2,130/mt today, with support at the 5-day moving average.

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 (2017-9-5)

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

Base metals are split on Monday’s night trading, and prices are expected to keep swinging widely.

Oct 31, 2017 09:15 timezone

CST

industry news

SMM Price Outlook for Base Metals on SHFE (Oct. 31, 2017)

SMM Price Outlook for Base Metals on SHFE (Oct. 23, 2017)

Base metals headed lower on last Friday’s night trading as the dollar strengthened, and prices are expected to trade in a wide range.

Oct 23, 2017 09:09 timezone

CST

industry news

SMM Price Outlook for Base Metals on SHFE (Oct. 23, 2017)

LME Base Metals Inventories (2017-10-20)

The table below shows inventories of base metals on the LME on October 20.

Oct 20, 2017 16:19 timezone

CST

industry news

LME Base Metals Inventories (2017-10-20)

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 09:44 timezone

CST

price review & forecast

LME Tin to Fall (2017-10-20)

LME tin will test support at USD 20,000/mt today.

Oct 20, 2017 09:43 timezone

CST

price review & forecast

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 10:25 timezone

CST

industry news

LME Base Metals Cash to 3-Month Backwardation/Contango (2017-10-12)

SMM Price Outlook for Base Metals on SHFE (Oct. 13, 2017)

Base metals finished in the positive territory, with nickel leading the gains. Prices in China’s market are expected to hold stable before the upcoming 19th CPC National Congress.

Oct 13, 2017 09:11 timezone

CST

industry news

SMM Price Outlook for Base Metals on SHFE (Oct. 13, 2017)

LME Zinc to Rise after Falling Initially (2017-10-11)

On Wednesday, LME zinc will fall at first, and then rise as a falling dollar will support zinc price, which may challenge USD 3,300/mt, with price range between USD 3,260-3,300/mt.

Oct 11, 2017 09:31 timezone

CST

price review & forecast

LME Zinc to Rise after Falling Initially (2017-10-11)

SMM Aluminum Price Falls in Week Ending September 29

SMM weekly average aluminum price dropped in the week ending Sept. 29.

Sep 29, 2017 18:15 timezone

CST

smm insight

SMM Aluminum Price Falls in Week Ending September 29

Ferrous Metals Weaken, and Nonferrous Metals Keeps Range-bound Trading

On Thursday, prices of ferrous metals registered relatively big declines at Thursday’s daily closing hours, with coke leading the losses.

Sep 28, 2017 15:23 timezone

CST

industry news

Ferrous Metals Weaken, and Nonferrous Metals Keeps Range-bound Trading

MOST POPULAR

price review forecast

1.SMM Morning Comments (Sep 22): Shanghai base metals were mostly lower following overnight dollar bounce-back

price review forecast

2.SMM Morning Comments (Sep 23): Shanghai base metals fell broadly on coronavirus concerns

company news

3.Notice: National Day/ Mid-Autumn Festival holidays publishing schedule

price review forecast

4.SMM Morning Comments (Sep 24): Nonferrous metals fell across the board as the dollar extended gains

price review forecast

5.SMM Evening Comments (Sep 21): Shanghai nonferrous metals closed mostly higher, nickel fell 1.99%

China Metals Market

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

Related news