31 MARCH 2016Shanghai Metals Market
SHFE Aluminium to resist declines
Edited by : AL CIRCLE
1 min read
SHFE 1605 aluminium proved resistant to declines and is expected to move at RMB 11,700-11,800/mt on Thursday.
LME aluminium will range USD 1,488-1,510/mt, with support at the 5-day moving average.
In China’s spot aluminium market, spot discounts of RMB 0-40/mt are expected over SHFE 1604 aluminium contract.
LME aluminium will range USD 1,488-1,510/mt, with support at the 5-day moving average.
In China’s spot aluminium market, spot discounts of RMB 0-40/mt are expected over SHFE 1604 aluminium contract.
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