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Home / Metal News / SHFE Aluminum Ends with Gains (2016-12-27)

SHFE Aluminum Ends with Gains (2016-12-27)

Dec 27, 2016 17:37

Source:SMM

SHFE 1702 aluminum opened at RMB 12,635/mt and finally closed at RMB 12,790/mt.

SHANGHAI, Dec. 27 (SMM) – On Tuesday, SHFE 1702 aluminum opened at RMB 12,635/mt and then advanced before fluctuated at around RMB 12,700/mt. The contract later climbed above RMB 12,700/mt to RMB 12,815/mt with positions closing shorts but met resistance at the 10-day moving average. SHFE 1702 aluminum finally closed at RMB 12,790/mt. Trading volumes fell to 12,790 lots and positions dropped 7,806 to 238,486.

SHFE 1702 aluminum is expected to challenge the 10-day moving average on Tuesday’s night trading.

SHFE aluminum

LME aluminum

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LME aluminum will trade at USD 1,918-1,940/mt on Friday and SHFE 1709 aluminum will fluctuate between RMB 14,350-14,550/mt.

Jul 14, 2017 09:41

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LME Aluminum to Hover at Highs (2017-7-14)

SHFE Aluminum to Remain in Upward Track (2017-7-12)S

LME aluminum will trade at USD 1,885-1,905/mt on Wednesday and SHFE 1709 aluminum will challenge RMB 14,305/mt.

Jul 12, 2017 09:45

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SHFE Aluminum to Remain in Upward Track (2017-7-12)S

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May Aluminum Contract on the SHFE only fell 0.8% on Friday despite the nosedive of ferrous and other nonferrous metals.

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SHFE Aluminum Sees Strong Resistance among Metals, SMM Reports

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SHFE 1705 aluminum opened at RMB 13,830/mt and ended at RMB 13,805/mt.

Mar 22, 2017 18:02

SMM Comments

SHFE Aluminum Ends Higher (2017-3-16)

SHFE 1705 aluminum started at RMB 13,810/mt and ended at RMB 13,960/mt.

Mar 16, 2017 17:03

SMM Comments

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LME aluminum will trade at USD 1,860-1,890/mt on Friday and SHFE 1705 aluminum will fluctuate between RMB 13,550-13,850/mt.

Mar 10, 2017 09:54

SMM Comments

SHFE Aluminum Ends Lower (2017-3-2)

SHFE 1704 aluminum opened at RMB 14,225/mt and closed at RMB 14,145/mt.

Mar 2, 2017 17:26

SMM Comments

SHFE Aluminum Closes Higher (2017-2-20)

SHFE 1704 aluminum opened at RMB 14,015/mt and closed at RMB 14,145/mt.

Feb 20, 2017 18:27

SMM Comments

LME Aluminum to Hover at Highs (2017-2-17)

LME aluminum will hover at USD 1,890-1,916/mt on Friday and SHFE 1704 aluminum will move at RMB 14,200-14,500/mt.

Feb 17, 2017 09:31

SMM Comments

LME Aluminum to Hover at Highs (2017-2-17)

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SHFE 1704 aluminum started at RMB 14,085/mt and finally closed at RMB 14,415/mt.

Feb 14, 2017 17:33

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