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SHFE Aluminum Falls RMB 20/mt (Mar. 10, 2016)
Mar 10,2016 17:03CST
price review forecast
Source:SMM
SHFE 1605 aluminum started at RMB 11,355/mt for night trading Wednesday and then fluctuated around moving averages before ending at RMB 11,350/mt.

SHANGHAI, Mar. 10 (SMM) – SHFE 1605 aluminum started at RMB 11,355/mt for night trading Wednesday and then fluctuated around moving averages before ending at RMB 11,350/mt.

SHFE aluminum opened at RMB 11,350/mt during Thursday trading session and once sank to RMB 11,300/mt, to end at RMB 11,315/mt, a fall of RMB 20/mt. Trading volumes reduced 128,000 to 168,332 lots and positions also dropped 6,146 to 235,698.

SHFE 1605 aluminum should hover between the 10 and 20-day moving averages this evening.  


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