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[Al] CBI Daily Review - 2009/6/11 Aluminum Market

iconJun 11, 2009 00:00

SHANGHAI, June 11 (CBI China) -- Overnight LME aluminum fell slightly, and SHFE aluminum showed an obvious downward trend today. The total position decreased and the trading volumes were very limited. LME aluminum will remain firm and SHFE aluminum will stabilize with limited downward trend 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
June 11th 
13,585
13,585
13,058
1:6.8348
 

 
Aluminum – 3mth
Shanghai Spot
A00 Aluminum Ingot
SHFE Close
Settlement
Weighted Ave.
May 15th
12,760
12,770
12,739
12,885
June 11th  
13,470
13,455
12,861
13,615

 

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