Home / Metal News / Aluminium / SHFE Aluminum to Rise (2017-9-7)
SHFE Aluminum to Rise (2017-9-7)
Sep 7,2017 09:41CST
price review forecast
Source:SMM
Risk version cooled down sharply after Trump said military action to North Korea is not the first option.

SHANGHAI, Sep. 7 (SMM) – Risk version cooled down sharply after Trump said military action to North Korea is not the first option. LME aluminum positions rose sharply, and should move higher to USD 2,105-2,125/mt. SHFE 1711 aluminum will advance to RMB 16,350-16,550/mt today. 

In east China’s spot aluminum market, spot discounts are expected at RMB 170-130/mt over SHFE 1709 aluminum contract. 

  


 

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