SHANGHAI, May 16 (SMM) –SHFE 1607 aluminum will struggle around the 5-day moving average and move at RMB 12,050-12,200/mt on Monday.
LME aluminum will remain weak at USD 1,530-1,550/mt.
In China’s spot aluminum market, spot discounts of RMB 0-10/mt and spot premiums of RMB 0-30/mt are expected over SHFE 1605 aluminum contract.
Key Macroeconomic Indicators for Base Metal Prices (2016-5-16)
![A relação de preços SHFE/LME continua a se recuperar; o impasse entre produtores e consumidores persiste; negociação física lenta [Cobre spot SMM Yangshan]](https://imgqn.smm.cn/usercenter/arNnt20251217171714.jpeg)
![Disposição de compra a jusante se recuperou, spread do preço à vista permaneceu estável [Cobre à vista SMM no Norte da China]](https://imgqn.smm.cn/usercenter/ZCsFN20251217171710.jpg)
