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Home / Metal News / SMM Brief on SHFE Aluminum Futures (2013-11-18)

SMM Brief on SHFE Aluminum Futures (2013-11-18)

Nov 18, 2013 16:32

Source:SMM

Janet Yellen’s dovish stance boosted base metals markets.

SHANGHAI, Nov. 18 (SMM) – Janet Yellen’s dovish stance boosted base metals markets. January aluminum on the SHFE, the most active one, opened at RMB 14,195/mt on Monday. The light metal broke through the 5-day moving average to RMB 14,230/mt before closing the day RMB 15/mt higher at RMB 14,215/mt. Trading volumes decreased 4,408 lots to 5,478 lots, and positions also contracted 966 lots to 44,690 lots.

SHFE aluminum

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LME aluminum will trade at USD 1,918-1,940/mt on Friday and SHFE 1709 aluminum will fluctuate between RMB 14,350-14,550/mt.

Jul 14, 2017 09:41

SMM Comments

LME Aluminum to Hover at Highs (2017-7-14)

SHFE Aluminum to Remain in Upward Track (2017-7-12)S

LME aluminum will trade at USD 1,885-1,905/mt on Wednesday and SHFE 1709 aluminum will challenge RMB 14,305/mt.

Jul 12, 2017 09:45

SMM Comments

SHFE Aluminum to Remain in Upward Track (2017-7-12)S

SHFE Aluminum Sees Strong Resistance among Metals, SMM Reports

May Aluminum Contract on the SHFE only fell 0.8% on Friday despite the nosedive of ferrous and other nonferrous metals.

Apr 7, 2017 17:01

SMM Insight Industry

SHFE Aluminum Sees Strong Resistance among Metals, SMM Reports

SHFE Aluminum Closes Higher (2017-2-20)

SHFE 1704 aluminum opened at RMB 14,015/mt and closed at RMB 14,145/mt.

Feb 20, 2017 18:27

SMM Comments

LME Aluminum to Hover at Highs (2017-2-17)

LME aluminum will hover at USD 1,890-1,916/mt on Friday and SHFE 1704 aluminum will move at RMB 14,200-14,500/mt.

Feb 17, 2017 09:31

SMM Comments

LME Aluminum to Hover at Highs (2017-2-17)

SHFE Aluminum Closes Higher (2017-2-14)

SHFE 1704 aluminum started at RMB 14,085/mt and finally closed at RMB 14,415/mt.

Feb 14, 2017 17:33

SMM Comments

SHFE Aluminum to Move in a Tight Range (2017-1-26)

LME aluminum will move at USD 1,810-1,840/mt on Thursday and SHEF 1703 aluminum will range between RMB 13,700-13,900/mt.

Jan 26, 2017 09:29

SMM Comments

SHFE Aluminum to Move in a Tight Range (2017-1-26)

LME Aluminum to Remain Rising Momentum (2017-1-16)

LME aluminum will range between USD 1,810-1,830/mt on Monday and SHFE 1703 aluminum will hover at RMB 13,350-13,550/mt.

Jan 16, 2017 09:57

SMM Comments

LME Aluminum to Remain Rising Momentum (2017-1-16)

LME Aluminum to Move Higher (2017-1-12)

LME aluminum will range between USD 1,750-1,770/mt on Thursday and SHFE 1703 aluminum will move at RMB 12,900-13,100/mt.

Jan 12, 2017 09:33

SMM Comments

LME Aluminum to Move Lower (2016-11-30)

LME aluminum is expected to move between USD 1,700-1,725/mt on Wednesday and SHFE 1702 aluminum will range at RMB 13,100-13,400/mt.

Nov 30, 2016 09:35

SMM Comments

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SMM Brief on SHFE Aluminum Futures (2013-11-18)

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