SHFE Aluminum to StrengthenAuthor:Site Source:Network Click to rate:1454 Post time:2016-12-06
SHANGHAI, Dec. 5 (SMM) – Most Italians opposed to amend constitution, according to Italian voting in November 4. US dollar index thus increased as a refuge, weighing down Chinese yuan. LME aluminum will meet resistance at the 5-day moving average on Monday and will move at USD 1,705-1,725/mt. SHFE 1702 aluminum is expected to rise and will range between RMB 17,200-17,500/mt on Monday with support at RMB 13,200/mt.