SHFE Aluminum Mired in Tight Range (Aug. 7, 2014)

Aug 7, 2014 16:39

On Wednesday night, SHFE 1410 aluminum contract followed LME aluminum up to RMB 14,155/mt after starting at RMB 14,030/mt, and finished the night session at RMB 14,145/mt.

SHANGHAI, Aug. 7 (SMM) – On Wednesday night, SHFE 1410 aluminum contract followed LME aluminum up to RMB 14,155/mt after starting at RMB 14,030/mt, and finished the night session at RMB 14,145/mt. Trading volumes totaled 68,662 lots, with positions up 6,536 lots to 157,332 lots.

On Thursday, the most active contract fluctuated between RMB 14,105-14,145/mt before closing at RMB 14,085/mt. Trading volumes were up 39,368 lots to 108,030 lots, with positions down 9,412 lots to 147,920 lots.

SHFE aluminum prices

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SHFE Aluminum Mired in Tight Range (Aug. 7, 2014)

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