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SHFE Aluminum Price Down, But Fall Slower than Other Base Metals (Oct. 16, 2014)
Oct 16,2014 16:52CST
price review forecast
Source: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.
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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