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[Al] CBI Daily Review - 2009/7/13 Aluminum Market

iconJul 13, 2009 00:00

SHANGHAI, July 13 (CBI China) -- Last Friday, LME aluminum price fluctuated. Today, SHFE aluminum price moved downward negatively affected by falling prices of other base metals. The positions increased slightly, and trading volumes remained weak. Any downward room for aluminum price will be limited due to the approach of delivery data, so aluminum price will fluctuate narrowly in the near future.

SHFE Market

 
Aluminum – Spot Month
RMB/USD
SHFE Close
Settlement
Weighted Ave.
June 15th
13,500
13,500
13,100
1:6.8343
July 13th   
13,575
13,570
13,559
1:6.8320
 

 
Aluminum – 3mth
Shanghai Spot
A00 Aluminum Ingot
SHFE Close
Settlement
Weighted Ave.
June 15th
13,295
13,315
12,875
13,525
July 13th   
13,345
13,395
13,391
13,585

 

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