SHFE Aluminum Ends Higher (2017-3-13)

Published: Mar 13, 2017 17:46

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SHFE 1705 aluminum started at RMB 13,805/mt and closed at RMB 13,880/mt.

SHANGHAI, Mar. 13 (SMM) – On Monday, SHFE 1705 aluminum started at RMB 13,805/mt and then advanced to RMB 13,920/mt with rising ferrous metals. The contract dipped quickly to RMB 13,760/mt after met resistance at the 10-day moving average. SHFE 1705 aluminum later rallied and closed at RMB 13,880/mt. Trading volumes increased to 346,136 lots and positions rose 8,206 to 300,436.

SHFE 1705 aluminum will fluctuate at current prices on Monday’s night trading.

SHFE aluminum LME aluminum aluminum prices

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