






SHANGHAI, July 6 (CBI China) -- Last Friday, LME aluminum price fell slightly, and today SHFE aluminum price opened lower and then moved downward affected by falling LME aluminum price. The positions remained unchanged and trading volumes declined. The supply pressure continued to increase in the market, and SHFE aluminum price faced greater downward pressure under weakened LME aluminum price.
SHFE Market
|
Aluminum – Spot Month
|
RMB/USD
|
||
SHFE Close
|
Settlement
|
Weighted Ave.
|
||
June 15th
|
13,500
|
13,500
|
13,100
|
1:6.8343
|
July 6th
|
13,610
|
13,630
|
13,548
|
1:6.8330
|
|
Aluminum – 3mth
|
Shanghai Spot
A00 Aluminum Ingot
|
||
SHFE Close
|
Settlement
|
Weighted Ave.
|
||
June 15th
|
13,295
|
13,315
|
12,875
|
13,525
|
July 6th
|
13,400
|
13,455
|
13,390
|
13,615
|
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