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[Al] CBI Daily Review - 2009/5/27 Aluminum Market

iconMay 27, 2009 00:00

SHANGHAI, May 27 (CBI China) -- Overnight LME aluminum price rose slightly, today SHFE aluminum price moved narrowly. The total position continued to decrease and the transactions were weary. Special attentions should be paid to the supply conditions in all regions. SHFE aluminum price will meet downward pressure in the short term.

SHFE Market

 

Aluminum – Spot Month

RMB/USD

SHFE Close

Settlement

Weighted Ave.

May 15th

12,850

12,800

12,946

1:6.8247

May 27th

12,820

12,800

12,796

1:6.8324

 

 

Aluminum – 3mth

Shanghai Spot

A00 Aluminum Ingot

SHFE Close

Settlement

Weighted Ave.

May 15th

12,760

12,770

12,739

12,885

May 27th 

12,685

12,680

12,733

12,925

 

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