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Home / Metal News / SHFE Aluminum to Hover at Highs (2017-9-19)

SHFE Aluminum to Hover at Highs (2017-9-19)

Sep 19, 2017 09:37

Source:SMM

LME aluminum will range USD 2,080-2,107/mt today.

SHANGHAI, Sept. 19 (SMM) –LME aluminum will range USD 2,080-2,107/mt today. It is rumored that aluminum cuts in winter heating season will be based on legal capacity. Caution among longs and shorts will leave SHFE 1711 aluminum will moving at RMB 16,260-16,500/mt today.

In east China’s spot aluminum market, spot discounts are expected at RMB 190-150/mt over SHFE 1710 aluminum contract.

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Aug 23, 2017 09:32

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LME Aluminum to Fall Back from Highs (2017-7-28)

LME aluminum will fall back to USD 1,930-1,950/mt today deu to strong resistance at above USD 1,950/mt.

Jul 28, 2017 09:42

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SHFE Aluminum to Hover at Highs (2017-9-19)

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