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LME Aluminum to Hover at Highs

Author:Site  Source:Network  Click to rate:1735  Post time:2017-07-10

SHANGHAIM, Jul. 10 (SMM) – US’s change in labor market conditions index will increase in June, and there is no data will be released in China. LME aluminum will hover at highs on Monday with price range at USD 1,920-1,940/mt, and SHFE 1709 aluminum, facing downward pressure, will fluctuate at RMB 14,100-14,250/mt.

In China’s domestic market, spot aluminum should trade at discounts of RMB 120-80/mt on Monday.

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