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Home / Metal News / SHFE Aluminum Rebounds after Initial Loss (2016-3-8)

SHFE Aluminum Rebounds after Initial Loss (2016-3-8)

Mar 8, 2016 17:40

Source:SMM

SHFE 1605 aluminum opened at RMB 11,540/mt on Tuesday.

SHANGHAI, Mar. 8 (SMM) – SHFE 1605 aluminum opened at RMB 11,540/mt on Tuesday. The most active contract dipped to RMB 11,410/mt, but then bounced back to end at RMB 11,535/mt, up RMB 60/mt. Trading volumes were down 29,652 lots to 324,148 lots, and positions were down 7,416 to 251,428. The KDJ indicator suggests there is still room for prices to rise.

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SHFE 1605 aluminum opened at RMB 11,760/mt on Thursday.

Mar 31, 2016 17:09

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SHFE Aluminum Rebounds after Initial Loss (2016-3-8)

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