SMM Brief on SHFE Aluminum Futures (2014-6-11)

Jun 11, 2014 16:19

On Tuesday night, SHFE 1408 aluminum contract crept higher to RMB 13,700/mt after starting at RMB 13,595/mt, and finished the night session at RMB 13,665/mt.

SHANGHAI, Jun. 11 (SMM) – On Tuesday night, SHFE 1408 aluminum contract crept higher to RMB 13,700/mt after starting at RMB 13,595/mt, and finished the night session at RMB 13,665/mt. Trading volumes totaled 122,274 lots, with positions up 9,242 lots to 183,580 lots. On Wednesday, the most active contract declined to RMB 13,605/mt due to profit taking at highs before ending down RMB 40/mt at RMB 13,635/mt. Trading volumes totaled 77,334 lots, with positions down 1,136 lots to 182,444 lots.

SHFE aluminum prices

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SMM Brief on SHFE Aluminum Futures (2014-6-11)

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