SHFE Aluminum to Hold Firm as Longs PrevailAuthor：Site Source：Network Click to rate：1344 Post time：2016-03-08
SHANGHAI, Mar. 8 (SMM) –SHFE 1605 aluminum is expected to stay firm at RMB 11,450-11,650/mt on Tuesday as longs dominate the market.
LME aluminum will move at USD 1,580-1,610/mt.
In China’s spot aluminum market, spot discounts of RMB 80-40/mt are expected over SHFE front-month aluminum contract.
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