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[Al Price] SHFE Aluminum Rebounds After Initial Fall (Jul. 20, 2015)

iconJul 20, 2015 21:04
Source:SMM
SHFE 1510 aluminum contract became the most active one on July 20.

SHANGHAI, Jul. 20 (SMM) –SHFE 1510 aluminum contract became the most active one on July 20. The contract fell to RMB 12,470/mt, but then returned above the daily moving average before ending at RMB 12,495/mt. Trading volumes totaled 11,258 lots, and positions were up 1,890 lots to 118,654 lots. Selling pressure at highs will keep the contract in check in the short term.  





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