SMM Brief on SHFE Aluminum Futures (2014-3-6)

Mar 6, 2014 16:21

SHFE 1405 aluminum contract slid to RMB 13,275/mt after starting Wednesday’s night session higher at RMB 13,320/mt, and closed down RMB 10/mt at RMB 13,285/mt.

SHANGHAI, Mar. 6 (SMM) – SHFE 1405 aluminum contract slid to RMB 13,275/mt after starting Wednesday’s night session higher at RMB 13,320/mt, and closed down RMB 10/mt at RMB 13,285/mt. Trading volumes during the night hours totaled 3,292 lots and positions added 254 lots to 97,434 lots. The most active contract fell further to RMB 13,225/mt due to profit taking on Thursday before finishing at RMB 13,240/mt, down RMB 55/mt or 0.41%. Trading volumes during the daytime session totaled 14,482 lots, and positions were up 402 lots to 97,842 lots.

SHFE aluminum prices

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SMM Brief on SHFE Aluminum Futures (2014-3-6)

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