LME Aluminum to Move at Highs (2017-10-20)

Published: Oct 20, 2017 09:44

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LME aluminum rallied notably yesterday, and will hover at highs of USD 2,140-2,165/mt today.

SHANGHAI, Oct. 20 (SMM) – LME aluminum rallied notably yesterday, and will hover at highs of USD 2,140-2,165/mt today. SHFE 1712 aluminum will range RMB 16,100-16,350/mt and challenge the 5-day moving average.

In east China’s spot aluminum market, spot discounts are expected at RMB 140-100/mt.

SHFE aluminum prices aluminum prices Al price base metal price forecast

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