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[Al] CBI Daily Review - 2009/4/29 Aluminum Market
SHANGHAI, Apr. 29 (CBI China) -- Today, SHFE aluminum price met corrections negatively affected by falling overnight base metal prices. The price rebounded at noon due to falling US dollar index and short-covering. However, aluminum price still meet greater downward pressure after corrections in the short term due to shortages of rebound momentum.
SHFE Market
|
|
Aluminum – Spot Month |
RMB/USD | ||
|
SHFE Close |
Settlement |
Weighted Ave. | ||
|
Apr. 15th |
13,610 |
13,905 |
13,433 |
1:6.8293 |
|
Apr. 29th |
12800 |
12,650 |
12,973 |
1:6.8 |
|
|
Aluminum – 3mth |
Shanghai Spot A00 Aluminum Ingot | ||
|
SHFE Close |
Settlement |
Weighted Ave. | ||
|
Apr. 15th |
12,735 |
12,865 |
12,697 |
14,000 |
|
Apr. 29th |
12,460 |
12,350 |
12,736 |
12,970 |
Copyright ? 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.
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