Home / Metal News / SMM Aluminum Market Daily Review (2015-9-1)

SMM Aluminum Market Daily Review (2015-9-1)

iconSep 2, 2015 08:57
Source:SMM
SHFE 1511 aluminum quickly fell to RMB 11,825/mt after opening at RMB 11,880/mt on Tuesday.

SHANGHAI, Sept. 2 (SMM) –SHFE 1511 aluminum quickly fell to RMB 11,825/mt after opening at RMB 11,880/mt on Tuesday. The most active contract rebounded later in the day, but then fell back again before ending down RMB 65/mt or 0.55% at RMB 11,825/mt. Trading volumes were up 16,882 lots to 50,776 lots, and positions were up 774 lots to 122,000 lots. 

Aluminum prices were mainly between RMB 11,730-11,740/mt in Shanghai on Tuesday, discounts of RMB 60-50/mt over SHFE 1509 aluminum, versus RMB 11,730-11,750/mt in Wuxi and Hangzhou. Trading activity picked up as the three-day holiday is just around the corner. 





Al price
SHFE aluminum prices
Shanghai aluminum prices

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