Home / Metal News / Aluminium / SHFE Aluminum Price Continues Falling, More Losses Ahead (Oct. 22, 2014)
SHFE Aluminum Price Continues Falling, More Losses Ahead (Oct. 22, 2014)
Oct 22,2014 16:09CST
price review forecast
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

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news