SHFE 1708 Aluminum Moves in Tight RangeAuthor:Site Source:Network Click to rate:1704 Post time:2017-06-27
SHANGHAI, Jun. 27 (SMM) – Long buying allowed SHFE 1708 aluminum to climb to RMB 13,910/mt after opening at RMB 13,865/mt on Monday. But, prices then fell back to RMB 13,860/mt on short selling before following LME zinc and SHFE zinc up to close at RMB 13,895/mt. Trading volumes decreased to 84,652 lots, and positions decreased 806 lots to 200,280 lots. SHFE 1708 aluminum will trade in a tight range due to a lack of news