SHFE 1507 aluminum contract was range-bound on Monday in the absence of guidance from LME aluminum.
SHANGHAI, May 25 (SMM) –SHFE 1507 aluminum contract was range-bound on Monday in the absence of guidance from LME aluminum. The contract inched down to RMB 13,170/mt at the tail of the day before ending at RMB 13,180/mt. Trading volumes totaled 18,972 lots, and positions were down 4,652 to 103,968.
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.