LME Aluminum to Hover at LowsAuthor:Site Source:Network Click to rate:1459 Post time:2017-06-08
SHANGHAI, Jun. 8 (SMM) –LME aluminum will hover at lows of USD 1,895-1,915/mt. SHFE 1708 aluminum will test resistance at the 5-day moving average and fluctuate between RMB 13,700-13,850/mt.
In east China’s spot aluminum market, spot discounts of RMB 60-20/mt are expected over SHFE 1706 aluminum contract.