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...
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Aluminum gain on lower stocks
...Aluminum Aug moved upby 0.60% in the afternoon session due to short covering and lower stocks...
DJ MARKET TALK India Aluminum Futures Likely Up On Firm LME
... India August MCX aluminum futures likely to open higher, tracking 0.5% rise in LME select. ....
MM Daily Review - 2010/8/20 Base Metals Market
... LME aluminum prices fell sharply, and SHFE aluminum prices weakened as well. SHFE 1011 aluminum contract prices opened at RMB 15,450/mt, but later lost support and dipped to RMB 15,305/mt as Shanghai Stock Exchange Composite Index dropped by 1.7%. At the tail of trading, SHFE 1011 aluminum...
SMM Daily Review - 2010/8/19 Base Metals Market
... SHFE aluminum prices slipped first but moved higher later. SHFE 1011 aluminum contract prices opened at RMB 15,510/mt in the morning session, but later dipped to RMB 15,415/mt due to weakening stock markets....
Indian aluminium marginally down in futures trade
...PTI reported that aluminium futures moved down by INR 0.25 or 0.15% to INR 101.55 per kilogram as speculators booked profits despite firm global cues...
Aluminum looks weak below 100
...Aluminum Aug moved down by 0.50% during the session on weak Euro against Dollar...
Industrial metals (copper, aluminium, nickel, etc.) daily review (August 12, 2010)
...Industrial Metals futures ended down at a two week low on Wednesday as risk aversion gathered pace after another disappointing report revived concerns about the health of the U.S. economy...
SMM Daily Review - 2010/8/10 Base Metals Market
... SHFE aluminum prices opened slightly lower negatively affected by falling LME aluminum prices, and SHFE 1011 aluminum contract prices opened at the 5-day moving average of RMB 15,705/mt. ...
Alumininum marginally down in futures trade
...NEW DELHI: Aluminium futures today moved down by Rs 0.25, or 0.15 per cent, to Rs 101.55 per kg as speculators booked profits despite firm global cues...
SMM Daily Review - 2010/8/9 Base Metals Market
... SHFE aluminum prices opened slightly higher following other base metals in the morning session, and SHFE 1011 aluminum contract prices opened at the intraday low of RMB 15,685/mt, with the upward momentum significantly weaker than copper and zinc prices. SHFE 1011 aluminum contract prices later...
SMM Daily Review - 2010/8/6 Base Metals Market
... SHFE aluminum prices fluctuated weakly after opening low negatively affected by weak LME aluminum prices, and SHFE 1011 aluminum contract prices opened at RMB 15,610/mt, and later dipped to RMB 15,580/mt. However, SHFE 1011 aluminum contract prices picked up to RMB 15,695/mt ....
Aluminium futures marginally up in thin trade
...n range-bound thin trade, aluminium traded higher by Rs 0.05, or 0.05 per cent, at Rs 103.20 per kg in futures trade today, on the back of better demand at spot markets...
SMM Daily Review - 2010/8/5 Base Metals Market
...SHFE aluminum prices opened higher but moved lower, and SHFE 1011 aluminum contract prices opened at RMB 15,715/mt, and later climbed to RMB 15,810/mt temporarily...
Indian aluminium futures up on firm demand
...PTI reported that supported by firm demand in the physical market, aluminium prices edged higher by INR 0.85 or 0.84% to INR 101.50 per kilogram at the futures trade...
SMM Daily Review - 2010/8/4 Base Metals Market
...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...
SMM Daily Review - 2010/8/4 Base Metals Market
... 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...
SMM Daily Review - 2010/8/3 Base Metals Market
...SHFE aluminum prices opened higher but moved lower, and SHFE 1011 aluminum contract prices opened at RMB 15,900/mt, and later climbed to RMB 15,930/mt temporarily, and finally closed at RMB 15,685/mt, down RMB 40/mt compared with the previous trading day, or down 0.25%...
Aluminium futures rises 0.85% on firm demand
...Supported by firm demand at the physical market, aluminium prices edged higher by Rs 0.85, or 0.84 per cent, to Rs 101.50 per kg in futures trade today...
