23 SEPTEMBER 2016Shanghai Metals Market
LME aluminum to rise further
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<p>A weaker US dollar from the US Fed’s decision not to raise interest rate will continue benefit LME aluminum, which will rise to USD 1,625-1,650/mt.<br /><br />{googleAdsense}<br /><br />SHFE 1611 aluminum will search for direction and move between RMB 12,350-12,500/mt.<br /><br />In east China’s spot aluminum market, spot premiums of RMB 580-620/mt are expected over SHFE 1610 aluminum contract.</p>
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