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.
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