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Home / Metal News / SHFE Aluminum Price Down, But Fall Slower than Other Base Metals (Oct. 16, 2014)

SHFE Aluminum Price Down, But Fall Slower than Other Base Metals (Oct. 16, 2014)

iconOct 16, 2014 16:52
On Wednesday night, SHFE 1412 aluminum contract moved sideways after starting at RMB 13,740/mt, and finished the night session at RMB 13,715/mt.
SHANGHAI, Oct. 16 (SMM) – On Wednesday night, SHFE 1412 aluminum contract moved sideways after starting at RMB 13,740/mt, and finished the night session at RMB 13,715/mt. 
 
On Thursday, the most active contract dropped to RMB 13,640/mt before closing at RMB 13,660/mt. Trading volumes totaled 82,324 lots, with positions down 2,282 lots to 130,840 lots. Prices are likely to continue falling as bearish sentiment is running rampant. 
 
 
   
 
 
SHFE aluminum prices
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