SHFE Aluminum Fell on Strong Selling Pressure (Jul. 3, 2015)

Published: Jul 3, 2015 16:36

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On Friday, SHFE 1509 aluminum contract fell to RMB 12,650/mt, but then rebounded to end at RMB 12,675/mt.

SHANGHAI, Jul. 3 (SMM) –On Friday, SHFE 1509 aluminum contract fell to RMB 12,650/mt, but then rebounded to end at RMB 12,675/mt. Trading volumes totaled 21,954 lots, and positions were up 902 lots to 128,006 lots. Further price decline is expected due to selling pressures at highs.

SHFE aluminum prices

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