SMM Brief on SHFE Aluminum Futures (2013-10-28)-Shanghai Metals Market

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SMM Brief on SHFE Aluminum Futures (2013-10-28)

Price Review & Forecast 05:22:11PM Oct 28, 2013 Source:SMM

SHANGHAI, Oct. 28 (SMM) – December aluminum on the Shanghai Futures Exchange (SHFE), the most active one, started at RMB 14,400/mt on Monday. The light metal found its low at RMB 14,355/mt in early morning session, but rebounded later, closing at a session high of RMB 14,430/mt, up RMB 65/mt. Trading volumes added 640 lots to 7,968 lots, and positions also increased 944 lots to 58,412 lots.
 

Key Words:  SHFE aluminum  

SMM Brief on SHFE Aluminum Futures (2013-10-28)

Price Review & Forecast 05:22:11PM Oct 28, 2013 Source:SMM

SHANGHAI, Oct. 28 (SMM) – December aluminum on the Shanghai Futures Exchange (SHFE), the most active one, started at RMB 14,400/mt on Monday. The light metal found its low at RMB 14,355/mt in early morning session, but rebounded later, closing at a session high of RMB 14,430/mt, up RMB 65/mt. Trading volumes added 640 lots to 7,968 lots, and positions also increased 944 lots to 58,412 lots.
 

Key Words:  SHFE aluminum