SHANGHAI, Aug. 12 (SMM) – Aluminum prices on the LME and SHFE will consolidate at current highs while searching for direction next week, SMM foresees.
SMM sees ME aluminum between $1,630-1,680 per tonne and SHFE 1610 aluminum between 12,100-12,500 yuan per tonne. Low aluminum stocks in China will offer support to SHFE aluminum.
Spot aluminum in east China market is expected to trade at premiums of 100-150 yuan per tonne over SHFE 1609 aluminum. For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
![[SMM Expresso de Metais Preciosos]](https://imgqn.smm.cn/usercenter/JMPtY20251217171734.jpeg)
![[SMM Expresso Metais Preciosos]](https://imgqn.smm.cn/usercenter/kLgYV20251217171736.jpg)
![[SMM Expresso de Metais Preciosos]](https://imgqn.smm.cn/usercenter/qopTu20251217171736.jpg)
