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Home / Metal News / SHFE Aluminum Loses Support at RMB 13,000/mt (Jan. 5, 2015)

SHFE Aluminum Loses Support at RMB 13,000/mt (Jan. 5, 2015)

iconJan 5, 2015 16:59
Source:SMM
On Monday, SHFE 1503 aluminum contract, the most active one, slid to RMB 12,960/mt after starting at RMB 12,970/mt as LME aluminum slumped during the New Year holiday.
SHANGHAI, Jan. 5 (SMM) – On Monday, SHFE 1503 aluminum contract, the most active one, slid to RMB 12,960/mt after starting at RMB 12,970/mt as LME aluminum slumped during the New Year holiday. Falling SHFE zinc prices also dampened investor sentiment. Finally, the contract ended at RMB 12,895/mt. Trading volumes totaled 56,386 lots, with positions up 10,058 to 157,426. Further decline may be on the way.      
 
 
 
 
 
 
SHFE aluminum prices

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