On Tuesday night, SHFE 1410 aluminum contract moved sideways after starting at RMB 14,145/mt, and finished at RMB 14,120/mt. 

Growing Supply Tempers Price Gains in South China (Aug. 20, 2014)

<div>SHANGHAI, Aug. 20 (SMM) &ndash; On Tuesday night, SHFE 1410 aluminum contract moved sideways after starting at RMB 14,145/mt, and finished at RMB 14,120/mt. Trading volumes totaled 30,484 lots, with positions up 2,384 lots to 129,908 lots.&nbsp;</div>
<div>&nbsp;</div>
<div>On Wednesday, the most active contract continued to hover around the daily moving average in the morning session, but moved higher in the afternoon before ending at RMB 14,160/mt. Trading volumes totaled 40,828 lots, with positions down 4,330 lots to 125,578 lots. The light metal is expected to remain strong in the near term.&nbsp;</div>
<div>&nbsp;</div>
<div>&nbsp;</div>
<div>&nbsp;</div>
<div>&nbsp;</div>