05 APRIL 2016Shanghai Metal Market
SHFE aluminium poised for gains
Edited by : AL CIRCLE
1 min read
SHFE 1606 aluminium will get off to a good start after three-day holiday and move at RMB 11,860-11,960/mt on Tuesday.
LME aluminium will follow SHFE aluminium up to USD 1,535-1,550/mt.
In China’s spot aluminium market, spot discounts of RMB 0-20/mt and spot premiums of RMB 0-20/mt are expected over SHFE 1604 aluminium contract.
LME aluminium will follow SHFE aluminium up to USD 1,535-1,550/mt.
In China’s spot aluminium market, spot discounts of RMB 0-20/mt and spot premiums of RMB 0-20/mt are expected over SHFE 1604 aluminium contract.
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