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SHFE Aluminum Mired in Tight Range (Aug. 7, 2014)
Aug 7, 2014 16:39CST
Source: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.
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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