SMM Brief on SHFE Aluminum Futures (2013-10-14)-Shanghai Metals Market

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SMM Brief on SHFE Aluminum Futures (2013-10-14)

Price Review & Forecast 04:58:53PM Oct 14, 2013 Source:SMM

SHANGHAI, Oct. 14 (SMM) – December aluminum on the Shanghai Futures Exchange (SHFE), the most active one, declined to RMB 14,420/mt after opening at RMB 14,465/mt on Monday, dragged down by falling SHFE 1310 aluminum contracts. However, the contract nudged up at the tail of the session, closing at RMB 14,440/mt, up RMB 5/mt. Trading volumes contracted 3,808 lots to 5,604 lots, and positions also shrank 1,488 lots to 66,562 lots.


 

Key Words:  SHFE aluminum  

SMM Brief on SHFE Aluminum Futures (2013-10-14)

Price Review & Forecast 04:58:53PM Oct 14, 2013 Source:SMM

SHANGHAI, Oct. 14 (SMM) – December aluminum on the Shanghai Futures Exchange (SHFE), the most active one, declined to RMB 14,420/mt after opening at RMB 14,465/mt on Monday, dragged down by falling SHFE 1310 aluminum contracts. However, the contract nudged up at the tail of the session, closing at RMB 14,440/mt, up RMB 5/mt. Trading volumes contracted 3,808 lots to 5,604 lots, and positions also shrank 1,488 lots to 66,562 lots.


 

Key Words:  SHFE aluminum