Home / Metal News / Tin / SHFE Aluminum Finishes Down RMB 30/mt (Apr. 21, 2015)
SHFE Aluminum Finishes Down RMB 30/mt (Apr. 21, 2015)
Apr 21,2015 16:59CST
price review forecast
Source:SMM
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

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