






SHANGHAI, June 30 (CBI China) -- LME aluminum price fell slightly last night, and today SHFE aluminum price opened lower, and then gained the previous losses after fluctuated lower. Domestic aluminum market fundamentals showed a weakening trend, but the strong LME aluminum market will help support aluminum price to remain high.
SHFE Market
|
Aluminum – Spot Month
|
RMB/USD
|
||
SHFE Close
|
Settlement
|
Weighted Ave.
|
||
June 15th
|
13,500
|
13,500
|
13,100
|
1:6.8343
|
June 30th
|
13,480
|
13,555
|
13,517
|
1:6.8319
|
|
Aluminum – 3mth
|
Shanghai Spot
A00 Aluminum Ingot
|
||
SHFE Close
|
Settlement
|
Weighted Ave.
|
||
June 15th
|
13,295
|
13,315
|
12,875
|
13,525
|
June 30th
|
13,435
|
13,435
|
13,377
|
13,635
|
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