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SHANGHAI, June 17 (CBI China) -- Overnight LME aluminum price slightly, and today SHFE aluminum showed weak performance in the morning and then moved upward propelled by tight supply and optimism over future price, with limited downward room in the short term.
SHFE Market
|
Aluminum – Spot Month
|
RMB/USD
|
||
SHFE Close
|
Settlement
|
Weighted Ave.
|
||
June 15th
|
13,500
|
13,500
|
13,100
|
1:6.8343
|
June 17th
|
13,550
|
13,455
|
13,410
|
1:6.8340
|
|
Aluminum – 3mth
|
Shanghai Spot
A00 Aluminum Ingot
|
||
SHFE Close
|
Settlement
|
Weighted Ave.
|
||
June 15th
|
13,295
|
13,315
|
12,875
|
13,525
|
June 17th
|
13,420
|
13,350
|
13,315
|
13,550
|
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