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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

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.

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