






SHANGHAI, June 2 (CBI China) -- Overnight LME aluminum price rose, and today SHFE aluminum price fell in the afternoon after surged tracking other metals trend. Any upward room for aluminum price will be limited in the short term due to weak market fundamentals.
SHFE Market
|
Aluminum – Spot Month |
RMB/USD | ||
SHFE Close |
Settlement |
Weighted Ave. | ||
May 15th |
12,850 |
12,800 |
12,946 |
1:6.8247 |
June 2nd |
13,000 |
13,055 |
12,838 |
1:6.8309 |
|
Aluminum – 3mth |
Shanghai Spot A00 Aluminum Ingot | ||
SHFE Close |
Settlement |
Weighted Ave. | ||
May 15th |
12,760 |
12,770 |
12,739 |
12,885 |
June 2nd |
12,845 |
12,865 |
12,745 |
13,140 |
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