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Home / Metal News / SHFE Aluminum Price Continues Falling, More Losses Ahead (Oct. 22, 2014)

SHFE Aluminum Price Continues Falling, More Losses Ahead (Oct. 22, 2014)

iconOct 22, 2014 16:09
On Tuesday night, SHFE 1412 aluminum contract started at RMB 13,835/mt, and finished the night session at RMB 13,810/mt.
SHANGHAI, Oct. 22 (SMM) – On Tuesday night, SHFE 1412 aluminum contract started at RMB 13,835/mt, and finished the night session at RMB 13,810/mt. Trading volumes totaled 30,724 lots, with positions down 1,124 lots to 113,784 lots.  
 
On Wednesday, the most active contract fell further to RMB 13,680/mt before closing at RMB 13,755/mt. Trading volumes totaled 53,956 lots, with positions down 10,154 lots to 103,630 lots. Prices may extend losses since bearish sentiment is running wild. 
 
 
 
   
 
 
SHFE aluminum prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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