SMM Brief on SHFE Aluminum FuturesAuthor:Site Source:Original Site Click to rate:1459 Post time:2013-12-30
SHANGHAI, Dec. 30 (SMM) – SHFE 1403 aluminum contract crept up to RMB 14,125/mt after opening last Friday’s night session higher at RMB 14,085/mt, driven by rising LME aluminum. Trading volumes hit 10,476 lots as rising prices triggered buying interest. The most active contract retreated to RMB 14,050/mt during Monday’s day session, but still gained RMB 90/mt or 0.64% at RMB 14,060/mt. Trading volumes and positions were 8,858 lots and 53,934 lots, respectively.
from metal.com