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SHFE 1710 Aluminum Moves Widely (2017-8-11)  
Aug 11,2017 18:10CST
price review forecast
Source:SMM
SHFE 1710 aluminum moved widely after opening at RMB 16,130/mt on Friday.

SHANGHAI, Aug. 11 (SMM) – SHFE 1710 aluminum moved widely after opening at RMB 16,130/mt on Friday. The most active contract hit a low of RMB 15,930/mt and a high of RMB 16,205/mt, with positions up 2,158 lots to 446,204 lots. Positions of all SHFE aluminum contracts have exceeded 900,000 lots. SHFE 1710 aluminum will face corrections next week since longs might take profit.  


 

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