05 AUGUST 2010AL CIRCLE
SMM Daily Review - 2010/8/4 Base Metals Market
Edited by : AL CIRCLE
1 min read
... SHFE 1011 aluminum contract prices opened slightly lower at RMB 15,645/mt negatively affected by LME aluminum prices, with prices mainly fluctuating at low levels in the morning session. SHFE 1011 aluminum contract prices rebounded in the afternoon stimulated by recovering domestic A-share markets, with prices climbing to RMB 15,700/mt and finally closing at RMB 15,670/mt, down RMB 100/mt compared with the previous trading day, or down 0.63%. Trading volumes of SHFE 1011 aluminum contract shrank, but positions increased slightly. ....
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