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SHFE Aluminum Rises on Positive China Manufacturing PMI (Jun. 1, 2015)
Jun 1,2015 17:06CST
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Source:SMM
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.        
 
 
 
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