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[Al] CBI Daily Review - 2009/6/10 Aluminum Market

iconJun 10, 2009 00:00

SHANGHAI, June 10 (CBI China) -- Overnight LME aluminum continued to rise strongly, while SHFE aluminum opened high and then weakened. The positions decreased by 490 lots. LME aluminum will likely rise further in the short term, but the upward room for domestic aluminum price will narrow.

SHFE Market

 
Aluminum – Spot Month
RMB/USD
SHFE Close
Settlement
Weighted Ave.
May 15th
12,850
12,800
12,946
1:6.8247
June 10th 
13,680
13,630
13,038
1:6.8336
 

 
Aluminum – 3mth
Shanghai Spot
A00 Aluminum Ingot
SHFE Close
Settlement
Weighted Ave.
May 15th
12,760
12,770
12,739
12,885
June 10th  
13,520
13,520
12,851
13,620

 

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