SHFE Aluminum Fell as Bulls Exit (May 5, 2015)
SHFE 1507 aluminum contract fell to RMB 13,350/mt on Tuesday as falling LME aluminum triggered bearishness.
SHANGHAI, May 5 (SMM) – SHFE 1507 aluminum contract fell to RMB 13,350/mt on Tuesday as falling LME aluminum triggered bearishness. The contract stopped falling in the afternoon before ending at RMB 13,370/mt. Trading volumes totaled 35,878 lots, and positions were down 2,426 to 144,926.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
