SHFE Aluminum Rebounds After Hitting 6-Year Low (Sept. 30, 2015)-Shanghai Metals Market

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SHFE Aluminum Rebounds After Hitting 6-Year Low (Sept. 30, 2015)

Price Review & Forecast 03:49:43PM Sep 30, 2015 Source:SMM

SHANGHAI, Sept. 30 (SMM) –SHFE 1512 aluminum refreshed a six-year low of RMB 11,585/mt after opening at RMB 11,670/mt on Wednesday. However, the most active contract rebounded later as many shorts withdrew before the holiday. Finally, the light metal ended up RMB 20/mt or 0.17% at RMB 11,680/mt. Trading volumes were down 10,380 lots to 31,818 lots, and positions were up 1,606 lots to 151,000 lots. 






SHFE Aluminum Rebounds After Hitting 6-Year Low (Sept. 30, 2015)

Price Review & Forecast 03:49:43PM Sep 30, 2015 Source:SMM

SHANGHAI, Sept. 30 (SMM) –SHFE 1512 aluminum refreshed a six-year low of RMB 11,585/mt after opening at RMB 11,670/mt on Wednesday. However, the most active contract rebounded later as many shorts withdrew before the holiday. Finally, the light metal ended up RMB 20/mt or 0.17% at RMB 11,680/mt. Trading volumes were down 10,380 lots to 31,818 lots, and positions were up 1,606 lots to 151,000 lots.