Home / Metal News / Tin / SHFE 1607 Aluminum Ends with Gains (2016-5-30)
SHFE 1607 Aluminum Ends with Gains (2016-5-30)
May 30,2016 17:21CST
price review forecast
Source:SMM
On last Friday’s night trading, SHFE 1607 aluminum dropped to RMB 12,170/mt after opening at RMB 12,200/mt.

SHANGHAI, May 30 (SMM) – On last Friday’s night trading, SHFE 1607 aluminum dropped to RMB 12,170/mt after opening at RMB 12,200/mt. But prices then rallied to RMB 12,295/mt before ending at RMB 12,230/mt. 

On Monday, SHFE 1607 aluminum briefly dipped to RMB 12,175/mt after starting at RMB 12,230/mt. The contract then moved higher to RMB 12,345/mt, and finally ended up RMB 150/mt at RMB 12,295/mt. Trading volumes were down 90,716 lots to 180,440 lots, and positions were down 396 to 210,776.  

 

   





Al price
aluminum prices
SHFE aluminum prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news