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Home / Metal News / [Al] CBI Daily Review - 2009/4/15 Aluminum Market

[Al] CBI Daily Review - 2009/4/15 Aluminum Market

iconApr 15, 2009 00:00
Source:上海有色金属网

SHANGHAI, Apr. 15 (CBI China) -- Overnight LME aluminum closed at low, and the continuous increases in the inventories hammered aluminum price. Today, SHFE aluminum opened at low, and the total position increased by 16,648 lots, indicating the participation of short investors. Selling-off pressure appeared in the spot market, and the traded price continued to fall. Aluminum price will continue to search for support in the short term.

SHFE Market

 

Aluminum – Spot Month

RMB/USD

SHFE Close

Settlement

Weighted Ave.

Mar. 16th

12,705

12,620

12,095

1:6.8358

Apr. 15th

13,610

13,905

13,433

1:6.8293

 

 

Aluminum – 3mth

Shanghai Spot

A00 Aluminum Ingot

SHFE Close

Settlement

Weighted Ave.

Mar. 16th

12,005

11,995

11,785

12,605

Apr. 15th

12,735

12,865

12,697

14,000

 

Copyright ? 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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