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Home / Metal News / SHFE Aluminum Ended with Gains (2017-7-13)

SHFE Aluminum Ended with Gains (2017-7-13)

Jul 13, 2017 17:37

Source:SMM

SHFE 1709 aluminum opened at RMB 14,225/mt and ended at RMB 14,320/mt.

SHANGHAIM, Jul. 13 (SMM) – On Thursday, SHFE 1709 aluminum opened at RMB 14,225/mt and then advanced supported by output cut news from Weiqiao Pioneering Group. Later, the contract rallied to RMB 14,355/mt after falling. SHFE 1709 aluminum ended at RMB 14,320/mt. Trading volumes reduced 152,768 to 299,940 lots and positions rose 19,028 to 299,940.

SHFE 1709 aluminum will open higher on Thursday’s night trading with simmering of the output cut news. Attention should be on production condition at aluminum smelters in Shandong in a short term.

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LME aluminum

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LME aluminum will trade at USD 1,918-1,940/mt on Friday and SHFE 1709 aluminum will fluctuate between RMB 14,350-14,550/mt.

Jul 14, 2017 09:41

SMM Comments

LME Aluminum to Hover at Highs (2017-7-14)

SHFE Aluminum to Remain in Upward Track (2017-7-12)S

LME aluminum will trade at USD 1,885-1,905/mt on Wednesday and SHFE 1709 aluminum will challenge RMB 14,305/mt.

Jul 12, 2017 09:45

SMM Comments

SHFE Aluminum to Remain in Upward Track (2017-7-12)S

SHFE Aluminum Sees Strong Resistance among Metals, SMM Reports

May Aluminum Contract on the SHFE only fell 0.8% on Friday despite the nosedive of ferrous and other nonferrous metals.

Apr 7, 2017 17:01

SMM Insight Industry

SHFE Aluminum Sees Strong Resistance among Metals, SMM Reports

SHFE Aluminum Ends with Losses (2017-3-22)

SHFE 1705 aluminum opened at RMB 13,830/mt and ended at RMB 13,805/mt.

Mar 22, 2017 18:02

SMM Comments

SHFE Aluminum Ends Higher (2017-3-16)

SHFE 1705 aluminum started at RMB 13,810/mt and ended at RMB 13,960/mt.

Mar 16, 2017 17:03

SMM Comments

SHFE Aluminum to Move in a Tight Range (2017-3-10)

LME aluminum will trade at USD 1,860-1,890/mt on Friday and SHFE 1705 aluminum will fluctuate between RMB 13,550-13,850/mt.

Mar 10, 2017 09:54

SMM Comments

SHFE Aluminum Ends Lower (2017-3-2)

SHFE 1704 aluminum opened at RMB 14,225/mt and closed at RMB 14,145/mt.

Mar 2, 2017 17:26

SMM Comments

SHFE Aluminum Closes Higher (2017-2-20)

SHFE 1704 aluminum opened at RMB 14,015/mt and closed at RMB 14,145/mt.

Feb 20, 2017 18:27

SMM Comments

LME Aluminum to Hover at Highs (2017-2-17)

LME aluminum will hover at USD 1,890-1,916/mt on Friday and SHFE 1704 aluminum will move at RMB 14,200-14,500/mt.

Feb 17, 2017 09:31

SMM Comments

LME Aluminum to Hover at Highs (2017-2-17)

SHFE Aluminum Closes Higher (2017-2-14)

SHFE 1704 aluminum started at RMB 14,085/mt and finally closed at RMB 14,415/mt.

Feb 14, 2017 17:33

SMM Comments

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SHFE Aluminum Ended with Gains (2017-7-13)

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