Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / SHFE 1707 Aluminum Falls Back from Highs (2017-5-19)

SHFE 1707 Aluminum Falls Back from Highs (2017-5-19)

May 19, 2017 17:50

SHFE 1707 aluminum opened at RMB 13,980/mt on Friday.

SHANGHAI, May 19 (SMM) – SHFE 1707 aluminum opened at RMB 13,980/mt on Friday. The most active contract followed ferrous metals prices up to RMB 14,090/mt, but then fell back to end at RMB 14,030/mt. Trading volumes increased 28,610 lots to 191,010 lots, and positions decreased 1,122 lots to 265,264 lots. Without new policy, SHFE aluminum will face short selling pressure.

Al price

aluminum prices

SHFE 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.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Wider Spot Discounts Lure Traders into East China Aluminum Market, SMM Reports

Spot discounts in east China aluminum market widened on Thursday, attracting some traders to make purchases.

time

Sep 14, 2017 17:03

Wider Spot Discounts Lure Traders into East China Aluminum Market, SMM Reports

SHFE 1708 Aluminum Drifts Lower (2017-7-4)

SHFE 1708 aluminum moved down after opening at RMB 14,090/mt on Tuesday, touching an intraday low of RMB 14,005/mt in the afternoon.

time

Jul 4, 2017 18:02

SHFE 1708 Aluminum Drifts Lower (2017-7-4)

LME Aluminum to Post Gains (2016-11-4)

LME aluminum will move at USD 1,720-1,740/mt on Friday and SHFE 1612 aluminum will range between RMB 13,400-13,600/mt.

time

Nov 4, 2016 09:46

Chalco Cuts Aluminum Prices Sharply in Major Markets on Nov. 2

China Aluminum International Trading Co. (Chalco Trading) slashed aluminum prices it offered in major markets today, it said on its WeChat.

time

Nov 2, 2016 18:13

Chalco Cuts Aluminum Prices Sharply in Major Markets on Nov. 2

LME Aluminum to Move Lower (2016-10-19)

LME aluminum should drop to USD 1,640-1,665/mt on Wednesday and SHFE 1612 aluminum is expected to range between the 5 and 10-day moving averages at RMB 12,650-12,800/mt.

time

Oct 19, 2016 09:45

China, US Agree over Aluminum Capacity Cuts at G20 Summit

China and the US have reached a consensus at the G20 Summit to join hands in combating global aluminum overcapacity, yicai.com reported.

time

Sep 7, 2016 10:33

Baosteel to Put Online 700 Million Aluminum Can Project

Baosteel will put online its aluminum can project in Heilongjiang province next month and plans to more than double the capacity in the future, cnmn.com reported.

time

Apr 27, 2016 11:38

SHFE Aluminum to Gather Strength on Softer Dollar (2016-3-30)

US Fed Chair Yellen’s cautious attitude toward rate hike path will soften the US dollar.

time

Mar 30, 2016 09:26

SHFE Aluminum to Hover at Highs (2016-3-3)

SHFE 1605 aluminum has found solid support at the 5-day moving average, and should move highs at RMB 11,300-11,420/mt on Thursday.

time

Mar 3, 2016 09:17

SHFE Aluminum Breaks Through RMB 11,000/mt (2016-2-16)

SHFE 1604 aluminum opened at RMB 10,900/mt on Tuesday.

time

Feb 16, 2016 16:47

SMM Events & Webinars

Sep
15
- NET ZERO CHINA Field Trip
  Sep 15 - 19,2025
  中国
Sep
26
- 2025 ASIA BATTERY MATERIAL COOPERATION SALON
  Sep 26 - 26,2025
  Time：9.26 2025 Place：Seoul， South Korea
  Seoul， South Korea
Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  Emmanuel Centre，London , the United Kingdom

MOST POPULAR

1.Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles

2.Aluminum Wire Supplier Screening

3.Cost Analysis Of AL Extrusion For Target Units

4.Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)

5.Optimization Of Purchasing Cost For Casting Alloys

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.