SHFE Aluminum to Consolidate at LowsAuthor：Site Source：Network Click to rate：1404 Post time：2016-01-12
SHANGHAI, Jan. 12 (SMM) –SHFE 1603 aluminum fell during Monday’s night session after intervention in currency market by the PBOC. The most active contract should consolidate at lows of RMB 10,700-10,900/mt on Tuesday. In China’s spot market, spot discounts will narrow to RMB 170-130/mt over SHFE 1601 contract.
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