Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, Jul. 25 (SMM) – SHFE 1709 aluminum opened at RMB 14,465/mt on Tuesday. It was reported that it is necessary to take action against tightening market liquidity and rising market interest rates. This cheered market up, pushing ferrous metals and SHFE copper up. SHFE 1709 aluminum also followed suit, rising to RMB 14,590/mt before ending at RMB 14,570/mt. Trading volumes increased to 198,124 lots, and positions increased 13,176 lots to 303,680 lots. SHFE 1709 aluminum will rise further in the short term.
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