LME Aluminum to Lurch Higher (2017-10-10)-Shanghai Metals Market

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

Price Review & Forecast 09:15:37AM Oct 10, 2017 Source:SMM

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.

 

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

Price Review & Forecast 09:15:37AM Oct 10, 2017 Source:SMM

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.