SMM Brief on SHFE Aluminum Futures (2013-11-6)

Nov 6, 2013 16:58

January aluminum on the Shanghai Futures Exchange (SHFE), the most active one, opened lower at RMB 14,315/mt on Wednesday.

SHANGHAI, Nov. 6 (SMM) – January aluminum on the Shanghai Futures Exchange (SHFE), the most active one, opened lower at RMB 14,315/mt on Wednesday. The light metal touched a high of RMB 14,320/mt, but slid to RMB 14,285/mt later in the day, dragged down by falling Chinese A-share. SHFE 1401 aluminum contract rebounded slightly at the tail of the session before ending the day RMB 40/mt lower at RMB 14,300/mt. Trading volumes contracted 2,404 lots to 6,966 lots, and positions also shrank 2,930 lots to 4,456 lots.

SHFE aluminum

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

SMM Brief on SHFE Aluminum Futures (2013-11-6)

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025