Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsConsultingSHANGHAI, Jul. 24 (SMM) – SHFE 1709 aluminum opened at RMB 14,410/mt on Monday, and dropped to RMB 14,375/mt. But, the most active contract then rallied to RMB 14,465/mt on short covering, ending at RMB 14,455/mt. Trading volumes decreased to 154,976 lots, and positions decreased 8,678 lots to 290,504 lots. SHFE 1709 aluminum will struggle at RMB 14,500/mt in the short term.
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