SHFE 1611 Aluminum Ends with GainsAuthor: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.