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SMM Brief on SHFE Aluminum Futures (2014-4-30)
Apr 30,2014 16:01CST
price review forecast
Source:SMM
On Tuesday night, SHFE 1407 aluminum contract drifted lower after starting at RMB 13,445/mt, and finished the night session at RMB 13,395/mt.

SHANGHAI, Apr. 30 (SMM) – On Tuesday night, SHFE 1407 aluminum contract drifted lower after starting at RMB 13,445/mt, and finished the night session at RMB 13,395/mt. Trading volumes totaled 14,282 lots, and positions increased 536 lots to 117,066 lots. On Wednesday, the most active contract extended losses as pre-holiday risk aversion ran rampant, touching a session low of RMB 13,305/mt and closing RMB 135/mt or 1% lower at RMB 13,330/mt. Trading volumes totaled 28,806 lots, and positions shrank 2,264 lots to 114,802 lots.
 

SHFE aluminum prices

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