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LME Aluminum to Move around 5-Day Moving Average

Author:Site  Source:Network  Click to rate:1950  Post time:2017-08-15

SHANGHAI, Aug. 15 (SMM) –LME aluminum will move around 5-day moving average and range USD 2,015-2,035/mt today. SHFE 1710 aluminum will range RMB 15,550-15,800/mt. 
In east China’s spot aluminum market, spot discounts are expected to narrow to RMB 140-100/mt over SHFE 1708 aluminum contract, which will be delivered today.
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