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[Al] CBI Daily Review - 2009/5/4 Aluminum Market
SHANGHAI, May 4 (CBI China) -- LME aluminum price showed a strong performance during the holiday, today SHFE aluminum tracked LME aluminum upward trend, but failed to increasing to the limit, an indication of short upward momentum. The pessimistic views on medium-term aluminum price hammered the rebound room for 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 |
|
May 4th |
12,985 |
12,965 |
12,965 |
1:6.8225 |
|
|
Aluminum – 3mth |
Shanghai Spot A00 Aluminum Ingot | ||
|
SHFE Close |
Settlement |
Weighted Ave. | ||
|
Apr. 15th |
12,735 |
12,865 |
12,697 |
14,000 |
|
May 4th |
12,875 |
12,885 |
12,737 |
13,115 |
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