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[Al] CBI Daily Review - 2009/4/17 Aluminum Market
SHANGHAI, Apr. 17 (CBI China) -- Overnight LME aluminum price closed at low levels, today SHFE aluminum moved upwardly after opening at low. The total position declined by 7,752 lots, an indication of profit-taking of long investors. The transactions were slim in spot market, and the continuous increases in inventories will dampen aluminum price in the short term.
SHFE Market
|
|
Aluminum – Spot Month |
RMB/USD | ||
|
SHFE Close |
Settlement |
Weighted Ave. | ||
|
Apr. 15th |
13,610 |
13,905 |
13,433 |
1:6.8293 |
|
Apr. 17th |
13,150 |
13,010 |
12,971 |
1:6.8311 |
|
|
Aluminum – 3mth |
Shanghai Spot A00 Aluminum Ingot | ||
|
SHFE Close |
Settlement |
Weighted Ave. | ||
|
Apr. 15th |
12,735 |
12,865 |
12,697 |
14,000 |
|
Apr. 17th |
12,885 |
12,815 |
12,828 |
13,400 |
Copyright ? 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.
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