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

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

iconSep 19, 2017 09:37
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. 

  



 

SHFE aluminum prices
aluminum prices
Al price
base metal price forecast
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news