SHFE aluminium falls, East China premium pulls back
Today, the centre of SHFE aluminium futures fell from the previous trading day, market shipment sentiment was relatively pronounced, and overall spot aluminium transactions shifted to discounts. Today, market transactions for A00 aluminium ingot premiums were between a discount of RMB 40 per tonne...
Concerns over liquidity tightening ease marginally, aluminium prices are under pressure at high levels in the short term
Futures: SHFE aluminium closed at RMB 24,010 per tonne, down 0.62 per cent, with the price breaking below MA5 (around 24,160) but holding slightly above MA10 (23,988.5); short-term moving average support faces a test, while medium-term MA30 (23,469.5) and MA60 (23,699.67) remain in bullish...
Grow with
AL Circle
SMM Morning Review - 2010/9/20 Aluminum Market
... LME base metals prices closed with gains last Friday, and LME aluminum prices showed signs of rising further ...., with SHFE 1012 aluminum contract prices testing RMB 15,700/mt. If the Shanghai Stock Exchange composite index shows positive performance today, SHFE 1012 aluminum contract prices...
Indian aluminium rises in futures trade
...PTI reported that Indian aluminium gained INR 0.45 or 0.45% to INR 101.55 per kilogram in futures trade tracking firming trend in other base metals...
SMM Daily Review - 2010/9/8 Base Metals Market
... LME aluminum prices dragged down SHFE aluminum prices, with SHFE 1012 aluminum contract prices falling to as low as RMB 15,750/mt after opening at RMB 15,825/mt. ...
Aluminium futures trade higher on spot demand
...Aluminium prices inched up by 0.60 per cent to Rs 99.15 per kg in futures trading today on fresh positions created by speculators after a rise in demand in the spot market...
SMM Daily Review - 2010/9/2 Base Metals Market
... SHFE aluminum prices jumped yesterday, and SHFE 1012 aluminum contract prices advanced further after opening at RMB 15,665/mt, but faced heavy pressure at RMB 15,700/mt, and later underwent downward corrections after briefly climbing to RMB 15,720/mt ...
MCX Aluminum may glitter on bright demand outlook
...Aluminum future traded with positive tone yesterday in a narrow range of 97.60-96.20 and ended in green at 96.65. Aluminum prices ended dry on a positive note with little change in prices two days ahead of US economic data...
Alumininum inches up in futures trade, gains 0.51 pc
...New Delhi, Sep 1 (PTI) Aluminium traded a shade higher by Rs 0.50, or 0.51 per cent, to Rs 98.15 per kg in futures trade today, tracking gains in other base metals...
SMM Daily Review - 2010/8/31 Base Metals Market
... SHFE aluminum prices moved lower following other base metals prices, with SHFE 1012 aluminum contract prices opening at RMB 15,600/mt. ...
SMM Daily Review - 2010/9/1 Base Metals Market
... SHFE aluminum prices showed strong performance after opening slightly lower, and SHFE 1012 aluminum contract prices opened at an intraday low of RMB 15,480/mt, with prices later climbing to RMB 15,625/mt. ...
Aluminum gain on short covering
...Aluminum September contract on MCX moved up by 0.26% during the morning session on short covering today...
Singapore Exchange Proposes Copper, Aluminum Futures Based on LME Prices
...Singapore Exchange Ltd. is consulting the public about introducing non-ferrous metals futures contracts for trading on its derivatives market, it said in a statement...
SMM Daily Review - 2010/8/30 Base Metals Market
... LME aluminum prices strengthened continuously, helping SHFE aluminum prices move higher, with SHFE 1012 aluminum contract prices opening at RMB 15,520/mt. ...
SMM Daily Review - 2010/8/27 Base Metals Market
... SHFE aluminum prices were weak on August 27th despite that LME aluminum prices surged and SHFE copper and zinc prices posted significant gains, and SHFE 1011 aluminum contract prices slipped gradually after opening slightly higher at RMB 15,375/mt, ...
Alumininum rises in futures trade on spot demand
...Aluminium prices moved up by Rs 0.60, or 0.64 per cent, to Rs 94.65 per kg in futures trade today, mostly supported by firming trend at physical markets and overseas...
SMM Daily Review - 2010/8/25 Base Metals Market
... SHFE 1011 aluminum contract prices opened slightly lower at RMB 15,305/mt, and reported limited fluctuations in the morning session when SHFE copper and zinc prices fluctuated widely. ....
Indian aluminium futures rise on spot demand
...PTI reported that aluminium prices moved up by INR 0.65 or 0.67% to INR 97.50 per kilogram at the futures trade as speculators enlarged their positions, driven by pick up in spot demand amid a firm trend overseas...
Aluminum fall on weak global cues
...Aluminum Aug moved down by 0.50% in the afternoon session due to weak global cues...
SMM Daily Review - 2010/8/24 Base Metals Market
... SHFE aluminum prices fell slower compared with other base metals in the morning session. SHFE 1011 aluminum contract prices opened at RMB 15,305/mt, and later climbed to RMB 15,400/mt driven ....
