01 JUNE 2016www.metal.com
Caution to dominate SHFE aluminium market
Edited by : AL CIRCLE
1 min read
Caution will dominate before the release of China May manufacturing PMI. SHFE 1607 aluminium will move narrowly between RMB 12,000-12,300/mt today.
LME aluminum will fluctuate at USD 1,540-1,565/mt, with growing resistance.
In China’s spot aluminium market, spot premiums of RMB 80-120/mt are expected over SHFE 1606 aluminium contract.
LME aluminum will fluctuate at USD 1,540-1,565/mt, with growing resistance.
In China’s spot aluminium market, spot premiums of RMB 80-120/mt are expected over SHFE 1606 aluminium contract.
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