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Home / Metal News / [Al] CBI Daily Review - 2009/7/14 Aluminum Market

[Al] CBI Daily Review - 2009/7/14 Aluminum Market

iconJul 14, 2009 00:00
Source:上海有色金属网

SHANGHAI, July 14 (CBI China) -- Overnight LME aluminum price fell slightly, and today SHFE aluminum opened low and then moved stably. Trading volumes contracted and positions declined by 2,296 lots. The inventories continued to increase, and aluminum price is expected to fall during seasonal low demand period, but with limited downward room.

SHFE Market

 
Aluminum – Spot Month
RMB/USD
SHFE Close
Settlement
Weighted Ave.
June 15th
13,500
13,500
13,100
1:6.8343
July 14th   
13,510
13,560
13,559
1:6.8332
 

 
Aluminum – 3mth
Shanghai Spot
A00 Aluminum Ingot
SHFE Close
Settlement
Weighted Ave.
June 15th
13,295
13,315
12,875
13,525
July 14th   
13,395
13,385
13,391
13,565

 

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