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[Al] CBI Daily Review - 2009/5/11 Aluminum Market
SHANGHAI, May 11 (CBI China) -- Today, SHFE aluminum price fluctuated slightly, and then fell rapidly following the trend of other metals. The total position continued to decrease, and the trading volumes shrank significantly. The aluminum price met frequent corrections due to shortages of support from positive LME aluminum, and will continue to move 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 11th |
12,850 |
12,875 |
12,954 |
1:6.8220 |
|
|
Aluminum – 3mth |
Shanghai Spot A00 Aluminum Ingot | ||
|
SHFE Close |
Settlement |
Weighted Ave. | ||
|
Apr. 15th |
12,735 |
12,865 |
12,697 |
14,000 |
|
May 11th |
12,715 |
12,765 |
12,739 |
12,905 |
Copyright ? 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.
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