SMM Brief on SHFE Aluminum Futures (2013-10-9)

Price Review & Forecast 04:39:05PM Oct 09, 2013 Source:SMM

SHANGHAI, Oct. 9 (SMM) – The most active aluminum contract on the Shanghai Futures Exchange (SHFE), SHFE 1312 aluminum contract, opened at RMB 14,370/mt on Wednesday. The contract crept higher to RMB 14,400/mt in the morning session, but followed SHFE 1310 aluminum contract down to RMB 14,340/mt during afternoon trading, with the closing price at RMB 14,345/mt. Trading volumes dropped 230 lots to 7,304 lots, and positions also fell 1,614 lots to 69,870 lots.


 

Key Words:  SHFE aluminum  

SMM Brief on SHFE Aluminum Futures (2013-10-9)

Price Review & Forecast 04:39:05PM Oct 09, 2013 Source:SMM

SHANGHAI, Oct. 9 (SMM) – The most active aluminum contract on the Shanghai Futures Exchange (SHFE), SHFE 1312 aluminum contract, opened at RMB 14,370/mt on Wednesday. The contract crept higher to RMB 14,400/mt in the morning session, but followed SHFE 1310 aluminum contract down to RMB 14,340/mt during afternoon trading, with the closing price at RMB 14,345/mt. Trading volumes dropped 230 lots to 7,304 lots, and positions also fell 1,614 lots to 69,870 lots.


 

Key Words:  SHFE aluminum