SHANGHAI, Mar. 22 (SMM) – SHFE 1306 aluminum contract prices opened at RMB 14,705/mt on Friday and hovered near RMB 14,700/mt in the session due to struggle between longs and shorts. Finally, the most active SHFE aluminum contract closed at RMB 14,700/mt, down RMB 45/mt or 0.31%. Positions increased 550 lots to 93,158 lots. With mixed economic indicators clouding market direction, SHFE aluminum for June delivery should stagnate near RMB 14,700/mt next week.