04 JULY 2016Shanghai Metals Market
SHFE aluminum to aeet strong resistance
Edited by : AL CIRCLE
1 min read
SHFE 1609 aluminum will meet strong resistance and move at RMB 12,550-12,800/mt on Monday.
Positive June manufacturing PMIs from major economies will push LME aluminum up to USD 1,650-1,675/mt.
In China’s spot aluminum market, spot premiums of RMB 0-40/mt are expected over SHFE 1607 aluminum contract.
Positive June manufacturing PMIs from major economies will push LME aluminum up to USD 1,650-1,675/mt.
In China’s spot aluminum market, spot premiums of RMB 0-40/mt are expected over SHFE 1607 aluminum contract.
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