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SHFE Aluminum Fell as Bulls Exit (May 7, 2015)

Published: May 7, 2015 18:04
SHFE 1507 aluminum contract fell to hover around the 5-day moving average on Thursday morning as bulls withdrew, and inched up in the afternoon as bears exited.

            

SHANGHAI, May 7 (SMM) – SHFE 1507 aluminum contract fell to hover around the 5-day moving average on Thursday morning as bulls withdrew, and inched up in the afternoon as bears exited. Finally, the contract ended at RMB 13,460/mt. Trading volumes totaled 72,870 lots, and positions were down 11,696 to 150,382.   
 
 
 
SHFE aluminum prices

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