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Home / Metal News / SHFE Aluminum Rises on Positive China Manufacturing PMI (Jun. 1, 2015)

SHFE Aluminum Rises on Positive China Manufacturing PMI (Jun. 1, 2015)

Jun 1, 2015 17:06

China’s official manufacturing PMI and that released by HSBC both showed a pickup in manufacturing activity in May.

SHANGHAI, Jun. 1 (SMM) – China’s official manufacturing PMI and that released by HSBC both showed a pickup in manufacturing activity in May. This helped SHFE 1508 aluminum contract rise to RMB 13,200/mt on Monday before ending at RMB 13,175/mt. Trading volumes totaled 38,608 lots, and positions were down 2,202 to 125,170.

SHFE aluminum prices

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