SHANGHAI, Jul. 17 (SMM) –SHFE 1509 aluminum contract fell to RMB 12,470/mt on Friday morning, but rallied in the afternoon before ending at RMB 12,520/mt. Trading volumes totaled 19,016 lots, and positions were up 176 lots to 118,134 lots. Judging from changes in positions, SHFE 1510 aluminum contract might become the most active contract next week.
[Al Price] SHFE Aluminum Rebounds After Initial Fall (Jul. 17, 2015)
SHFE 1509 aluminum contract fell to RMB 12,470/mt on Friday morning, but rallied in the afternoon before ending at RMB 12,520/mt.
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