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SMM Brief on SHFE Aluminum Futures (2014-6-24)
Jun 24,2014 16:52CST
price review forecast
Source:SMM
On Monday night, SHFE 1408 aluminum contract climbed to RMB 13,585/mt after starting at RMB 13,560/mt.

SHANGHAI, Jun. 24 (SMM) – On Monday night, SHFE 1408 aluminum contract climbed to RMB 13,585/mt after starting at RMB 13,560/mt. However, the most active contract retreated to RMB 13,520/mt later in the session before finishing at RMB 13,545/mt. Trading volumes totaled 20,902 lots, with positions up 304 lots to 131,086 lots.  On Tuesday, SHFE aluminum for August delivery tumbled to RMB 13,425/mt before closing down RMB 35/mt at RMB 13,480/mt. Trading volumes totaled 33,918 lots, with positions off 6,958 lots to 123,824 lots. 


 

SHFE aluminum prices

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