SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance Centre
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltLithium Battery Cathode Precursor and MaterialAnode MaterialsArtificial GraphiteDiaphragmElectrolyteOther MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / SHFE Aluminum Finishes Lower (2016-12-16)

SHFE Aluminum Finishes Lower (2016-12-16)

iconDec 16, 2016 19:46
Source:SMM
SHFE 1702 aluminum opened at RMB 13,020/mt and finally closed at RMB 12,915/mt.

SHANGHAI, Dec. 16 (SMM) – On Friday, SHFE 1702 aluminum opened at RMB 13,020/mt and then dipped as shorts strengthened. Spot aluminum was at premiums against SHFE 1701 aluminum with traders reducing supply in China’s market. SHFE 1702 aluminum rallied to RMB 13,075/mt. During the afternoon trading, base metals dropped across the board. SHFE 1702 aluminum dived to RMB 12,885/mt with exit of longs and finally closed at RMB 12,915/mt. Trading volumes reduced 132,000 to 232,046 lots and positions rose 6,496 to 297,952.

SHFE 1702 aluminum will fluctuate at around the 60-day moving average with mixed factors on Friday’s night trading.

SHFE aluminum
LME aluminum
aluminum prices

For queries, please contact William Gu at williamgu@smm.cn

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

Related news

SMM Events & Webinars

All
MOST POPULAR
1.Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles
2.Aluminum Wire Supplier Screening
3.Cost Analysis Of AL Extrusion For Target Units
4.Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)
5.Optimization Of Purchasing Cost For Casting Alloys
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.