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[Al] CBI Daily Review - 2009/6/30 Aluminum Market

iconJun 30, 2009 00:00

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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