Home / Metal News / [Al Price] SHFE Aluminum Fails to Break Through 5-Day Moving Average (Jul. 28, 2015)

[Al Price] SHFE Aluminum Fails to Break Through 5-Day Moving Average (Jul. 28, 2015)

iconJul 28, 2015 17:25
SHFE 1510 aluminum contract was range-bound between RMB 12,250-12,300/mt for most of the day.

SHANGHAI, Jul. 28 (SMM) – SHFE 1510 aluminum contract was range-bound between RMB 12,250-12,300/mt for most of the day. The contract touched an intraday high of RMB 12,315/mt. Trading volumes were up 3,324 lots to 25,984 lots, and positions were up 88 lots to 146,000 lots. The 5-day moving average should continue to pose strong resistance. 





Al price
SHFE aluminum prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All