Home / Metal News / Aluminium / SHFE Aluminum Closes Lower (2017-7-14)
SHFE Aluminum Closes Lower (2017-7-14)
Jul 14,2017 20:27CST
price review forecast
Source:SMM
SHFE 1709 aluminum opened at RMB 14,425/mt and ended at RMB 14,375/mt.

SHANGHAIM, Jul. 14 (SMM) – On Friday, SHFE 1709 aluminum opened at RMB 14,425/mt and then advanced to RMB 14,480/mt. Later, the contract dipped to RMB 14,360/mt as output cut news by 2 million mt in Shandong was digested by market participants. During the afternoon trading, SHFE 1709 aluminum fluctuated narrowly at lows and ended at RMB 14,375/mt. Trading volumes increased 104,000 to 256,834 lots and positions rose 7,732 to 307,672.

SHFE 1709 aluminum returned to normal level on Friday.

SHFE aluminum
LME aluminum
aluminum prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news