






SHANGHAI, June 4 (CBI China) -- Overnight LME aluminum price fell slightly, today spot-month SHFE aluminum contract showed relatively strong performance driven by spot prices. The supply will remain tight in the short term, leading to upward room for aluminum price.
SHFE Market
|
Aluminum – Spot Month |
RMB/USD | ||
SHFE Close |
Settlement |
Weighted Ave. | ||
May 15th |
12,850 |
12,800 |
12,946 |
1:6.8247 |
June 3rd |
13,340 |
13,200 |
12,860 |
1:6.8302 |
|
Aluminum – 3mth |
Shanghai Spot A00 Aluminum Ingot | ||
SHFE Close |
Settlement |
Weighted Ave. | ||
May 15th |
12,760 |
12,770 |
12,739 |
12,885 |
June 3rd |
13,075 |
12,980 |
12,755 |
13,370 |
Copyright ? 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.
None of this material may be used for any commercial or public use in any form or means, without the prior written consent of CBI China. For reproduction issue, please contact us by email: metalresearch@cbichina.com or tel:86-21-51550040
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn