[Al] CBI Daily Review - 2009/5/27 Aluminum Market-Shanghai Metals Market

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[Al] CBI Daily Review - 2009/5/27 Aluminum Market

SMM Insight 01:16:23PM Dec 07, 2009 Source:SMM

SHANGHAI, May 27 (CBI China) -- Overnight LME aluminum price rose slightly, today SHFE aluminum price moved narrowly. The total position continued to decrease and the transactions were weary. Special attentions should be paid to the supply conditions in all regions. SHFE aluminum price will meet downward pressure in the short term.

SHFE Market

 

Aluminum – Spot Month

RMB/USD

SHFE Close

Settlement

Weighted Ave.

May 15th

12,850

12,800

12,946

1:6.8247

May 27th

12,820

12,800

12,796

1:6.8324

 

 

Aluminum – 3mth

Shanghai Spot

A00 Aluminum Ingot

SHFE Close

Settlement

Weighted Ave.

May 15th

12,760

12,770

12,739

12,885

May 27th 

12,685

12,680

12,733

12,925

 

Copyright © 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.

None of this material may be used for any commercial or public use in any form or means, without the prior written consent of CBI China. For reproduction issue, please contact us by email: metalresearch@cbichina.com or tel:86-21-51550040

[Al] CBI Daily Review - 2009/5/27 Aluminum Market

SMM Insight 01:16:23PM Dec 07, 2009 Source:SMM

SHANGHAI, May 27 (CBI China) -- Overnight LME aluminum price rose slightly, today SHFE aluminum price moved narrowly. The total position continued to decrease and the transactions were weary. Special attentions should be paid to the supply conditions in all regions. SHFE aluminum price will meet downward pressure in the short term.

SHFE Market

 

Aluminum – Spot Month

RMB/USD

SHFE Close

Settlement

Weighted Ave.

May 15th

12,850

12,800

12,946

1:6.8247

May 27th

12,820

12,800

12,796

1:6.8324

 

 

Aluminum – 3mth

Shanghai Spot

A00 Aluminum Ingot

SHFE Close

Settlement

Weighted Ave.

May 15th

12,760

12,770

12,739

12,885

May 27th 

12,685

12,680

12,733

12,925

 

Copyright © 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.

None of this material may be used for any commercial or public use in any form or means, without the prior written consent of CBI China. For reproduction issue, please contact us by email: metalresearch@cbichina.com or tel:86-21-51550040