SHANGHAI, May 11 (SMM) –LME aluminum will trade in a wide range of USD 1,850-1,880/mt today. SHFE 1707 aluminum should move between RMB 13,750-14,000/mt and struggle around moving averages.
In east China’s spot aluminum market, spot discounts of RMB 0-40/mt are expected over SHFE 1705 aluminum contract.
Key Macroeconomic Indicators for Base Metal Prices (2017-5-11)
