[Al Price] SHFE Aluminum Fell Back Initial Rise (Jul. 29, 2015)_SMM

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Home / Metal News / Nickel / [Al Price] SHFE Aluminum Fell Back Initial Rise (Jul. 29, 2015)

[Al Price] SHFE Aluminum Fell Back Initial Rise (Jul. 29, 2015)

Jul 29,2015 15:59

CST

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Source:SMM

SHFE 1510 aluminum contract drifted lower after rising to RMB 12,430/mt on Wednesday, due to plunging Chinese stock market and caution before the US Fed’s policy decision.

SHANGHAI, Jul. 29 (SMM) – SHFE 1510 aluminum contract drifted lower after rising to RMB 12,430/mt on Wednesday, due to plunging Chinese stock market and caution before the US Fed’s policy decision. The contract ended the day at RMB 12,345/mt. Trading volumes totaled 38,462 lots, and positions were down 8,264 lots to 137,704 lots.

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