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SMM Brief on SHFE Aluminum Prices (2014-6-5)
Jun 5,2014 17:48CST
price review forecast
Source:SMM
The most active SHFE 1408 aluminum contract started Wednesday’s night session at RMB 13,300/mt, and then rebounded to RMB 13,380/mt before finishing at RMB 13,375/mt.

SHANGHAI, Jun. 5 (SMM) – The most active SHFE 1408 aluminum contract started Wednesday’s night session at RMB 13,300/mt, and then rebounded to RMB 13,380/mt before finishing at RMB 13,375/mt. During the night session, traded volumes amounted to 23,910 lots, while positions decreased 72 lots to 135,732 lots.

On Thursday, SHFE aluminum prices fluctuated mostly around the settle prices of the night session, and rallied sharply to RMB 13,425/mt at the tail of the trading, ending down RMB 25/mt at RMB 13,400/mt. Traded volumes reached 19,908 lots, while positions lost 1,498 lots to 13,425 lots.
 

SHFE aluminum prices

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