SHFE Aluminum Finishes Lower (2017-7-10)

Jul 10, 2017 18:36

SHFE 1709 aluminum opened at RMB 14,180/mt and closed at RMB 14,175/mt.

SHANGHAIM, Jul. 10 (SMM) – On Monday, SHFE 1709 aluminum opened at RMB 14,180/mt and then advanced to RMB 14,245/mt with positions opening by longs. Later, the contract fell back as shorts strengthened. During the afternoon trading, SHFE 1709 aluminum hit the daily lowest level at RMB 14,140/mt and stopped falling. The contract finally closed at RMB 14,175/mt. Trading volumes reduced to 131,094 lots and positions increased 7,316 to 251,602.

The contract is expected to keep falling in a short term.

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.

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

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.

SHFE Aluminum Finishes Lower (2017-7-10)

SMM Events & Webinars

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025

AICE 2025 SMM (14th) Aluminum Industry Annual Conference