LME Aluminum to Lurch Higher (2017-10-10)

Published: Oct 10, 2017 09:15
On Tuesday, LME aluminum is expected to lurch higher, with price between USD 2,160-2,185/mt.

SHANGHAI, Oct. 10 (SMM) – On Tuesday, LME aluminum is expected to lurch higher, with price between USD 2,160-2,185/mt.

On the SHFE aluminum market, price is projected to trade between RMB 16,700-16,950/mt amid strong buying interest, and in China’s domestic spot market, spot discounts are estimated to stay between RMB 220-180/mt.

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn