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[Al] CBI Daily Review - 2009/6/2 Aluminum Market

iconJun 2, 2009 00:00

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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