Download our mobile app to 
your devices
Android devicesiOS devices
Holiday Pricing ScheduleFREE TRIALCompliance CentreAbout UsContact Us
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltTernary Precursor and MaterialAnode MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
DashboardDatabaseProReportsEventsCar Insight
Home / Metal News / SHFE 1707 Aluminum Falls Sharply (2017-6-6)  

SHFE 1707 Aluminum Falls Sharply (2017-6-6)  

iconJun 6, 2017 17:20
Source:SMM
SHFE 1707 aluminum climbed to RMB 13,715/mt thanks to short covering after opening at RMB 13,680/mt on Tuesday, but then fell back to RMB 13,660/mt.

SHANGHAI, Jun. 6 (SMM) –SHFE 1707 aluminum climbed to RMB 13,715/mt thanks to short covering after opening at RMB 13,680/mt on Tuesday, but then fell back to RMB 13,660/mt. The most active contract rallied to RMB 13,745/mt in the afternoon due to dip buying, but then followed LME aluminum down sharply before ending at RMB 13,675/mt. Trading volumes decreased to 157,218 lots, and positions decreased 9,426 lots to 190,834 lots. SHFE 1707 aluminum will hover at lows in the short term, with strong resistance at moving averages.  


 

Al price
aluminum prices
SHFE aluminum prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

SMM Events & Webinars

All
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 PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday 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 © 2024 SMM Information & Technology Co., Ltd. All rights reserved.