Home / Metal News / [Al] CBI Daily Review - 2009/4/27 Aluminum Market

[Al] CBI Daily Review - 2009/4/27 Aluminum Market

iconApr 27, 2009 00:00

SHANGHAI, Apr. 27 (CBI China) -- Today, SHFE aluminum opened at flat, and then fluctuated weakly, with the slight increases in position and obvious shrinkage in volumes. The market supply increased, and the dominant contract received obvious support at RMB 12,500/mt, and SHFE aluminum price will continue to fluctuate narrowly 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. 27th

12,920

13,120

13,051

1:6.8253

 

 

Aluminum – 3mth

Shanghai Spot

A00 Aluminum Ingot

SHFE Close

Settlement

Weighted Ave.

Apr. 15th

12,735

12,865

12,697

14,000

Apr. 27th

12,540

12,610

12,754

13,400

 

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

None of this material may be used for any commercial or public use in any form or means, without the prior written consent of CBI China. For reproduction issue, please contact us by email: metalresearch@cbichina.com or tel:86-21-51550040

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.

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