Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / LME Aluminum to Struggle around Moving Averages (2017-10-23)

LME Aluminum to Struggle around Moving Averages (2017-10-23)

Oct 23, 2017 09:44

Ferrous and nonferrous metals prices both fell during last Friday’s night session due to wrong interpretation of property tax in Ningxia.

SHANGHAI, Oct. 23 (SMM) – Ferrous and nonferrous metals prices both fell during last Friday’s night session due to wrong interpretation of property tax in Ningxia. LME aluminum will struggle around moving averages and range USD 2,120-2,150/mt today. SHFE 1712 aluminum will range RMB 16,000-16,250/mt.

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

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

LME Aluminum to Fall further (2017-9-11)

LME aluminum will drop to USD 2,080-2,105/mt today on strong bearishness.

time

Sep 11, 2017 09:46

LME Aluminum to Fall further (2017-9-11)

SHFE Aluminum Ends with Gains (2016-12-27)

SHFE 1702 aluminum opened at RMB 12,635/mt and finally closed at RMB 12,790/mt.

time

Dec 27, 2016 17:37

SHFE Aluminum Ends with Gains (2016-12-27)

LME Aluminum to See Range-Bound Trading Next Week, SMM Says

LME aluminum will trade in a narrower range next week, while SHFE 1610 aluminum will consolidate at highs, SMM predicts.

time

Aug 26, 2016 19:56

SHFE 1610 Aluminum Jumps on Long Buying (2016-8-19)

On Thursday’s night trading, SHFE 1610 aluminum slid to RMB 12,655/mt after opening at RMB 12,780/mt, ending at RMB 12,680/mt.

time

Aug 19, 2016 21:23

Chalco Continues Raising Aluminum Prices in Major Markets on August 19

China Aluminum International Trading Co. (Chalco Trading) raised aluminum prices it offered in major markets further today, it said on its WeChat.

time

Aug 19, 2016 12:03

SHFE Aluminum to Face Short Selling (2016-7-22)

SHFE 1609 aluminum will drop to RMB 12,200-12,370/mt as short momentum is growing.

time

Jul 22, 2016 09:37

SHFE 1609 Aluminum Ends with Gains (2016-7-13)

On Tuesday’s night trading, SHFE 1609 aluminum fell to RMB 12,515/mt after opening at RMB 12,555/mt. But prices then followed LME aluminum up to RMB 12,650/mt and closed at RMB 12,570/mt.

time

Jul 13, 2016 17:46

Heavy Rains Disrupt Production and Railway Transportation, SMM Reports

From late June, provinces, including Hubei, Anhui, Jiangsu, Jiangxi and Guangdong, are suffering from heavy rainfall. What’s impact from the rain on metals producers in those regions?

time

Jul 8, 2016 11:56

SHFE 1609 Aluminum Falls Back After Initial Rise (2016-7-6)

On Tuesday’s night trading, SHFE 1609 aluminum rose to RMB 12,550/mt after opening at RMB 12,480/mt.

time

Jul 6, 2016 17:54

LME Aluminum to Move Wildly (2016-7-1)

Manufacturing PMIs from major economies to be released today will leave LME aluminum moving in a wide range of USD 1,635-1,660/mt.

time

Jul 1, 2016 09:22

SMM Events & Webinars

Sep
15
- NET ZERO CHINA Field Trip
  Sep 15 - 19,2025
  中国
Sep
16
- SMM Indonesia Seminar: Li-ion Battery & Energy Storage
  Sep 16 - 16,2025
  Jakarta, Indonesia
Sep
26
- 2025 ASIA BATTERY MATERIAL COOPERATION SALON
  Sep 26 - 26,2025
  Time：9.26 2025 Place：Seoul， South Korea
  Seoul， South Korea

MOST POPULAR

1.Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles

2.Aluminum Wire Supplier Screening

3.Cost Analysis Of AL Extrusion For Target Units

4.Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)

5.Optimization Of Purchasing Cost For Casting Alloys

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.