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SHFE 1611 Aluminum Ends with Gains

Author:Site  Source:Network  Click to rate:1525  Post time:2016-10-17

On Friday, SHFE 1611 aluminum opened at RMB 12,845/mt and hit a high of RMB 12,960/mt due to long buying. But the most active contract then fell back on short selling, ending at RMB 12,865/mt. Trading volumes were 192,156 lots, and positions were up 19,478 lots to 244,610. SHFE 1611 aluminum will see limited upside room.
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