SMM Brief on SHFE Aluminum Futures (2014-6-12)

Jun 12, 2014 16:11

On Wednesday night, SHFE 1408 aluminum contract crept higher to RMB 13,630/mt after starting at RMB 13,580/mt.

SHANGHAI, Jun. 12 (SMM) – On Wednesday night, SHFE 1408 aluminum contract crept higher to RMB 13,630/mt after starting at RMB 13,580/mt. Nevertheless, the most active contract retreated to RMB 13,540/mt before finishing the night session at RMB 13,580/mt. Trading volumes totaled 76,506 lots, with positions off 2,746 lots to 179,698 lots. On Thursday, August aluminum on the SHFE fell to RMB 13,445/mt before closing RMB 200/mt lower at RMB 13,460/mt. Trading volumes totaled 68,368 lots, with positions down 11,974 lots to 167,724 lots.

SHFE aluminum prices

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SMM Brief on SHFE Aluminum Futures (2014-6-12)

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