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[Al] CBI Daily Review - 2009/5/12 Aluminum Market
SHANGHAI, May 12 (CBI China) -- Overnight LME aluminum price fell slightly, while SHFE aluminum price opened at high and rose slightly in closing trading. Any downward room for aluminum price was limited, but the upward momentum was limited as well, leading to a neutral market. Both the trading volume and position recorded declines, and the price lacked certain direction 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 12th |
12,980 |
12,915 |
12,952 |
1:6.8242 |
|
|
Aluminum – 3mth |
Shanghai Spot A00 Aluminum Ingot | ||
|
SHFE Close |
Settlement |
Weighted Ave. | ||
|
Apr. 15th |
12,735 |
12,865 |
12,697 |
14,000 |
|
May 12th |
12,835 |
12,800 |
12,739 |
12,880 |
Copyright ? 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.
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