Author：Site  Source：Network  Click to rate：1505  Post time：2016-03-30

SHANGHAI, Mar. 30 (SMM) – US Fed Chair Yellen’s cautious attitude toward rate hike path will soften the US dollar. This will help SHFE 1605 aluminum climb to RMB 11,700-11,830/mt on Wednesday.

LME aluminum will range USD 1,485-1,505/mt.

In China’s spot aluminum market, spot discounts of RMB 50-10/mt are expected over SHFE 1604 aluminum contract.