SHFE Aluminum Closes Down on Growing Bearishness (May 19, 2015)

Published: May 19, 2015 17:00

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On Tuesday, SHFE 1507 aluminum contract lurched higher to RMB 13,260/mt near lunchtime.

SHANGHAI, May 19 (SMM) – On Tuesday, SHFE 1507 aluminum contract lurched higher to RMB 13,260/mt near lunchtime. But the contract fell back later to close at RMB 13,235/mt. Trading volumes totaled 28,858 lots, and positions were down 6,028 to 123,172. Technically, the contract might head for more losses.

SHFE aluminum prices

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