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Home / Metal News / [Al Price] SHFE Aluminum Ended Down RMB 35/mt, More Losses Ahead (Jul. 27, 2015)

[Al Price] SHFE Aluminum Ended Down RMB 35/mt, More Losses Ahead (Jul. 27, 2015)

iconJul 27, 2015 16:40
Source:SMM
SHFE 1510 aluminum contract touched an intraday low of RMB 12,240/mt on Monday.

SHANGHAI, Jul. 27 (SMM) – SHFE 1510 aluminum contract touched an intraday low of RMB 12,240/mt on Monday. The most active contract ended down RMB 35/mt or 0.29% at RMB 12,245/mt. Trading volumes were down 6,914 lots to 22,660 lots, and positions were down 664 lots to 145,880 lots. Investors cut bullish bets near close of the day. KDJ suggests that more declines might be on the way. 





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