Home / Metal News / SHFE Aluminum Fell as Bulls Exit (May 7, 2015)

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

iconMay 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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All