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SMM Brief on SHFE Aluminum Futures (2013-11-25)
Nov 25,2013 16:54CST
price review forecast
Source:SMM
SHFE 1402 aluminum contract, the most active one, opened higher at RMB 14,165/mt on Monday.

SHANGHAI, Nov. 25 (SMM) – SHFE 1402 aluminum contract, the most active one, opened higher at RMB 14,165/mt on Monday. The contract slid to RMB 14,120-14,130/mt after a brief advance to RMB 14,170/mt, and fell further to RMB 14,075/mt in the afternoon before ending RMB 55/mt or 0.39% lower at RMB 14,085/mt. Trading volumes contracted 830 lots to 4,368 lots, while positions surged 2,784 lots to 49,838 lots.

 

SHFE aluminum

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