SHFE Aluminum to Rise (2017-10-13)

Published: Oct 13, 2017 09:22 (GMT+8)

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LME aluminum will challenge the 5-day moving average and move within USD 2,140-2,165/mt today.

SHANGHAI, Oct. 13 (SMM) – LME aluminum will challenge the 5-day moving average and move within USD 2,140-2,165/mt today. SHFE 1712 aluminum will rise to RMB 16,480-16,680/mt.

In east China’s spot aluminum market, spot discounts are expected to hold stable at RMB 120-80/mt over SHFE 1710 aluminum contract.

SHFE aluminum prices aluminum prices Al price base metal price forecast

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