Home / Metal News / LME Aluminum to Fall further (2017-9-11)

LME Aluminum to Fall further (2017-9-11)

iconSep 11, 2017 09:46
Source:SMM
LME aluminum will drop to USD 2,080-2,105/mt today on strong bearishness.

SHANGHAI, Sep. 11 (SMM) –LME aluminum will drop to USD 2,080-2,105/mt today on strong bearishness. SHFE 1711 aluminum will perform better than LME aluminum due to anticipation for winter cuts. Declines in other base metals will leave SHFE 1711 aluminum struggling at RMB 15,700-15,950/mt today. 

In east China’s spot aluminum market, spot discounts are expected at RMB 90-50/mt over SHFE 1709 aluminum contract. 

  



 

SHFE aluminum prices
aluminum prices
Al price
base metal price forecast

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news