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[Al] CBI Daily Review - 2009/5/21 Aluminum Market

iconMay 21, 2009 00:00

SHANGHAI, May 21 (CBI China) -- Overnight LME aluminum price fell slightly, while SHFE aluminum price moved upward and then stabilized in the closing trading. Both trading volumes and position remained low, and supply surplus is expected to exist in the market, so aluminum rice will continue to fluctuate in the near future.

SHFE Market

 

Aluminum – Spot Month

RMB/USD

SHFE Close

Settlement

Weighted Ave.

May 15th

12,850

12,800

12,946

1:6.8247

May 21st

12,810

12,795

12,791

1:6.8245

 

 

Aluminum – 3mth

Shanghai Spot

A00 Aluminum Ingot

SHFE Close

Settlement

Weighted Ave.

May 15th

12,760

12,770

12,739

12,885

May 21st

12,765

12,745

12,755

12,820

 

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