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SHFE Aluminum to Remain Strong

Author:Site  Source:Network  Click to rate:1299  Post time:2015-12-28

SHANGHAI, Dec. 28 (SMM) –SHFE 1603 aluminum will challenge resistance at RMB 11,000/mt and move between RMB 10,880-10,110/mt on Monday, due to tight supply in spot market. Spot premiums in China are expected at RMB 10-40/mt over SHFE 1601 contract.
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