






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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