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Home / Metal News / SHFE Aluminum Rebounds After Initial Decline (Oct. 29, 2014)

SHFE Aluminum Rebounds After Initial Decline (Oct. 29, 2014)

iconOct 29, 2014 16:34
On Tuesday night, SHFE 1501 aluminum contract started at RMB 13,850/mt, and finished the night session at RMB 13,870/mt.
SHANGHAI, Oct. 29 (SMM) – On Tuesday night, SHFE 1501 aluminum contract started at RMB 13,850/mt, and finished the night session at RMB 13,870/mt. Trading volumes totaled 17,052 lots, with positions up 1,900 lots to 139,258 lots. 
 
On Wednesday, SHFE 1501 aluminum contract dipped to RMB 13,800/mt, but the rebounded to end the day at RMB 13,845/mt. Trading volumes totaled 30,438 lots, with positions down 2,216 lots to 137,042 lots. 
 
   
 
 
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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