LME Aluminum to Move around 5-Day Moving AverageAuthor:Site Source:Network Click to rate:2293 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.