SHFE Aluminum Ends with Losses as Shorts Enter (Sept. 28, 2015)-Shanghai Metals Market

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SHFE Aluminum Ends with Losses as Shorts Enter (Sept. 28, 2015)

Price Review & Forecast 04:18:48PM Sep 28, 2015 Source:SMM

SHANGHAI, Sept. 28 (SMM) –SHFE 1512 aluminum refreshed a six-year low of RMB 11,730/mt after opening at RMB 11,810/mt on Monday. Finally, the most active contract ended down RMB 75/mt or 0.63% at RMB 11,750/mt. Trading volumes were down 14,556 lots to 19,054 lots, and positions were up 6,462 lots to 148,000 lots. The contract will remain weak before week-long holiday. 




SHFE Aluminum Ends with Losses as Shorts Enter (Sept. 28, 2015)

Price Review & Forecast 04:18:48PM Sep 28, 2015 Source:SMM

SHANGHAI, Sept. 28 (SMM) –SHFE 1512 aluminum refreshed a six-year low of RMB 11,730/mt after opening at RMB 11,810/mt on Monday. Finally, the most active contract ended down RMB 75/mt or 0.63% at RMB 11,750/mt. Trading volumes were down 14,556 lots to 19,054 lots, and positions were up 6,462 lots to 148,000 lots. The contract will remain weak before week-long holiday.