SHANGHAI, Mar. 24 (SMM) –LME aluminum will hover at lows of USD 1,460-1,500/mt on Thursday.
SHFE 1605 aluminum will be range-bound at RMB 11,430-11,510/mt.
In China’s spot aluminum market, spot discounts of RMB 50-10/mt are expected over SHFE 1604 aluminum contract.
Key Macroeconomic Indicators for Base Metal Prices (2016-3-24)