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SMM Brief on SHFE Aluminum Futures (2014-6-9)
Jun 9,2014 17:05CST
price review forecast
Source:SMM
Last Friday night, SHFE 1408 aluminum contract followed LME aluminum up to RMB 13,580/mt after starting at RMB 13,420/mt, and finished the night session at RMB 13,540/mt.

SHANGHAI, Jun. 9 (SMM) – Last Friday night, SHFE 1408 aluminum contract followed LME aluminum up to RMB 13,580/mt after starting at RMB 13,420/mt, and finished the night session at RMB 13,540/mt. Trading volumes totaled 80,078 lots, with positions up 15,496 lots to 149,014 lots. On Monday, the most active contract jumped to RMB 13,680/mt before ending the day up RMB 265/mt at RMB 13,675/mt. Trading volumes soared by 126,550 lots, with positions also up 32,338 lots to 181,352 lots.


 

SHFE aluminum prices

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