Short-Term Aluminium Prices to Still Have Upside Room amid Positive Domestic Fundamentals and Overseas Supply Disruptions

oct. 17, 2022, at 10:11 am
SMM

SHANGHAI, Oct 17 (SMM) - The most-traded SHFE 2211 aluminium contract opened at 18,310 yuan/mt last Monday, with its weekly low and high at 18,210 yuan/mt and 18,865 yuan/mt respectively before closing at 18,830 yuan/mt on Friday afternoon, up 560 yuan/mt or 3.07% from pre-holiday level.

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Short-Term Aluminium Prices to Still Have Upside Room amid Positive Domestic Fundamentals and Overseas Supply Disruptions

Should the LME Ban Russian Aluminium, How Will the Aluminium Market Be Affected?

Aluminium Inventory Increased, Transportation in Gongyi Remains Hindered