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[Al] CBI Daily Review - 2009/5/5 Aluminum Market
SHANGHAI, May 5 (CBI China) -- Today, SHFE copper moved in downward trend. The trading volumes shrank and the recovery of domestic consumption was pessimistic. The support surplus prediction restricted the aluminum price to rise, so aluminum price will fluctuate high in the short term and will move downward in medium 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 5th |
12,795 |
12,815 |
12,961 |
1:6.8201 |
|
|
Aluminum – 3mth |
Shanghai Spot A00 Aluminum Ingot | ||
|
SHFE Close |
Settlement |
Weighted Ave. | ||
|
Apr. 15th |
12,735 |
12,865 |
12,697 |
14,000 |
|
May 5th |
12,675 |
12,725 |
12,737 |
12,975 |
Copyright ? 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.
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