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 1708 Aluminum Ends with Declines (2017-6-13)  

SHFE 1708 Aluminum Ends with Declines (2017-6-13)  

iconJun 13, 2017 18:16
Source:SMM
SHFE 1708 aluminum opened at RMB 13,725/mt on Tuesday, and failed in many attempts to break through the 10-day moving average.

SHANGHAI, Jun. 13 (SMM) –SHFE 1708 aluminum opened at RMB 13,725/mt on Tuesday, and failed in many attempts to break through the 10-day moving average. The contract rose to RMB 13,795/mt, but then fell back due to declines in other base metals and poor market fundamentals, ending down RMB 60/mt or 0.44% at RMB 13,705/mt. Trading volumes decreased 62,678 lots to 143,000 lots, and positions increased 7,134 lots to 240,000 lots. Positions of all SHFE aluminum contracts were down 1,334 lots to 589,000 lots. Longs pulled out due to a lack of positive news, pushing SHFE 1708 aluminum down below the 5-day moving average. 

 


 

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.