SHANGHAI, Dec. 14 (SMM) – On Wednesday, SHFE 1702 aluminum opened at RMB 13,060/mt and then advanced to RMB 13,160/mt with longs strengthening before falling back to RMB 13,040/mt. During the afternoon trading, SHFE 1702 aluminum dipped to RMB 13,010/mt and finally closed at RMB 13,040/mt. Trading volumes increased 95,232 to 320,318 lots and positions rose 12,362 to 271,064. Positions of SHFE 1703 aluminum increased 11,800.
SHFE 1702 aluminum will keep fluctuating with market’s wary sentiment on Wednesday’s night trading.