Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsConsultingSHANGHAI, May 13 (SMM) – On Thursday’s night trading, SHFE 1607 aluminum fell to RMB 11,855/mt after opening at RMB 12,080/mt, and finally ended at RMB 11,955/mt.
On Friday, SHFE 1607 aluminum dropped to RMB 11,875/mt after opening at RMB 11,950/mt. But the most active contract then rebounded to RMB 12,115/mt on long buying, and finally ended down RMB 75/mt at RMB 12,070/mt. Trading volumes were up 62,290 lots to 252,344 lots, and positions were up 2,922 to 256,480. SHFE 1607 aluminum will hover around RMB 12,000/mt in the near term.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn