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SMM Brief on SHFE Aluminum Futures (2014-6-16)
Jun 16,2014 16:58CST
price review forecast
Source:SMM
Last Friday night, SHFE 1408 aluminum contract crept higher to RMB 13,510/mt after starting at RMB 13,460/mt, and finished the night session at RMB 13,490/mt.

SHANGHAI, Jun. 16 (SMM) – Last Friday night, SHFE 1408 aluminum contract crept higher to RMB 13,510/mt after starting at RMB 13,460/mt, and finished the night session at RMB 13,490/mt. Trading volumes totaled 48,866 lots, with positions up 1,768 lots to 157,722 lots. On Monday, the most active contract slipped to RMB 13,420/mt before closing at RMB 13,450/mt. Trading volumes totaled 29,018 lots, with positions down 6,136 lots to 151,586 lots.

 


 

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