SMM Brief on SHFE Aluminum Futures (2014-7-1)

Jul 1, 2014 16:15

On Monday night, SHFE 1409 aluminum contract climbed to RMB 13,565/mt after starting at RMB 13,490/mt, and finished the night session at RMB 13,540/mt.

SHANGHAI, Jul. 1 (SMM) – On Monday night, SHFE 1409 aluminum contract climbed to RMB 13,565/mt after starting at RMB 13,490/mt, and finished the night session at RMB 13,540/mt. Trading volumes totaled 33,186 lots, with positions up 2,278 lots to 150,772 lots. On Tuesday, positive Chinese official manufacturing PMI helped the most active contract rise to RMB 13,630/mt and end at RMB 13,595/mt. Trading volumes surged to 40,634 lots, with positions down 482 lots to 150,290 lots.

SHFE aluminum prices

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SMM Brief on SHFE Aluminum Futures (2014-7-1)

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