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SHANGHAI, July 8 (CBI China) -- Overnight LME aluminum price fell from high level, and today SHFE aluminum price continued to fluctuate. The total positions increased slightly, but trading volumes remained sluggish. Aluminum price is expected to move narrowly 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
|
July 8th
|
13,610
|
13,605
|
13,556
|
1:6.8336
|
|
Aluminum – 3mth
|
Shanghai Spot
A00 Aluminum Ingot
|
||
SHFE Close
|
Settlement
|
Weighted Ave.
|
||
June 15th
|
13,295
|
13,315
|
12,875
|
13,525
|
July 8th
|
13,435
|
13,430
|
13,391
|
13,615
|
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