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SHFE Aluminum Closes Up as Shorts Exit (Jun. 23, 2015)
Jun 23,2015 17:12CST
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Source:SMM
SHFE 1508 aluminum drifted higher after opening at RMB 12,695/mt on Tuesday, but failed to break though the 10-day moving average.
SHANGHAI, Jun. 23 (SMM) – SHFE 1508 aluminum drifted higher after opening at RMB 12,695/mt on Tuesday, but failed to break though the 10-day moving average. The contract rose to RMB 12,770/mt in the afternoon due to exit of shorts before ending at RMB 12,760/mt. Trading volumes were down 4118 lots to 15,674 lots, and positions were down 5,720 lots to 109,444 lots. 
 
 
 
 
 
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