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Home / Metal News / SHFE Aluminum Ends Higher (2017-3-13)

SHFE Aluminum Ends Higher (2017-3-13)

iconMar 13, 2017 17:46
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
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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