SHFE Aluminum Finishes Lower (2017-1-24)

Published: Jan 24, 2017 19:44
SHFE 1703 aluminum started at RMB 13,700/mt and then fluctuated at around RMB 13,740/mt.

SHANGHAI, Jan. 24 (SMM) – SHFE 1703 aluminum started at RMB 13,700/mt and then fluctuated at around RMB 13,740/mt, up to as highs as RMB 13,740/mt and down as low as RMB 13,670/mt. Trading volumes fell 252,000 to 224,188 and positions dropped 22,314 to 272,582.

SHEF 1703 aluminum will hover narrowly at highs for the short term.

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SHFE Aluminum Finishes Lower (2017-1-24) - Shanghai Metals Market (SMM)