SHFE Aluminum Finishes Down RMB 30/mt (Apr. 21, 2015)

Apr 21, 2015 16:59

On Monday night, SHFE 1506 aluminum contract dropped to RMB 13,065/mt after starting at RMB 13,100/mt.

SHANGHAI, Apr. 21 (SMM) –On Monday night, SHFE 1506 aluminum contract dropped to RMB 13,065/mt after starting at RMB 13,100/mt. The most active contract ended the night session at RMB 13,075/mt. Trading volumes totaled 5,930 lots, with positions down 274 to 114,982.

On Tuesday, the most active contract hovered narrowly below the 5-day moving average before closing down RMB 30/mt at RMB 13,095/mt. Trading volumes totaled 14,598 lots, with positions down 2,386 to 112,870. Prices are expected to move between RMB 13,000-13,100/mt in the short term.

SHFE aluminum prices

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SHFE Aluminum Finishes Down RMB 30/mt (Apr. 21, 2015)

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