Home / Metal News / SHFE Aluminum Stages Upward Correction After Sharp Fall (Jun. 12, 2015)

SHFE Aluminum Stages Upward Correction After Sharp Fall (Jun. 12, 2015)

iconJun 12, 2015 18:27
Source:SMM
On Friday, SHFE 1508 aluminum staged a technical upward correction, bouncing back to RMB 12,775/mt.
SHANGHAI, Jun. 12 (SMM) – On Friday, SHFE 1508 aluminum staged a technical upward correction, bouncing back to RMB 12,775/mt. Finally, the contract ended at RMB 12,755/mt. Trading volumes totaled 55,882 lots, and positions were down 3,606 lots to 129,630 lots. The contract should test support at RMB 12,700/mt in the short term. 
 
 
 
 
SHFE aluminum prices

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