SHANGHAI, Mar. 17 (SMM) – On Friday, SHFE 1705 aluminum started at RMB 13,875/mt and then declined to RMB 13,715/mt briefly before ending at RMB 13,760/mt. Trading volumes dropped to 253,426 lots and positions rose 1,928 to 303,128. SHFE 1705 aluminum declined smoothly on Friday and met strong pressure from RMB 14,000/mt.
SHFE 1705 aluminum will try to rally on Friday’s night trading.