






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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