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SHFE Aluminum Rebounds After Initial Decline

Author:Site  Source:Original Site  Click to rate:1097  Post time:2014-10-29

Tags: SHFE aluminum prices

SHANGHAI, Oct. 29 (SMM) – On Tuesday night, SHFE 1501 aluminum contract started at RMB 13,850/mt, and finished the night session at RMB 13,870/mt. Trading volumes totaled 17,052 lots, with positions up 1,900 lots to 139,258 lots.
 
On Wednesday, SHFE 1501 aluminum contract dipped to RMB 13,800/mt, but the rebounded to end the day at RMB 13,845/mt. Trading volumes totaled 30,438 lots, with positions down 2,216 lots to 137,042 lots.

from metal.com

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