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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
Source:SMM
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

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