Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, Jul. 26 (SMM) – SHFE 1709 aluminum opened at RMB 14,600/mt on Wednesday, and slid to RMB 14,515/mt. But, the contract then rallied to RMB 14,625/mt. In the afternoon, SHFE 1709 aluminum fell to RMB 14,485/mt before ending at RMB 14,510/mt. Trading volumes increased to 251,852 lots, and positions decreased 20,794 lots to 282,886 lots. SHFE 1709 aluminum will move widely at highs tonight as market will wait for the US Fed’s policy decision.
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