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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Aluminium At 12 Weeks High On MCX
.....Aluminium prices today tested a 12-week high on MCX backed by some strong buying in the metal and positive data from the Euro zone and LME...
SMM Daily Review - 2010/7/30 Base Metals Market
...SHFE 1010 aluminum contract prices opened flat at RMB 15,405/mt on July 30 th, and fell back to RMB 15,315/mt after soaring to RMB 15,430/mt temporarily...
Aluminum gain on lower stocks
...Aluminum gained 1% on MCX during the evening trading session and hit a high of 97.20 due to lower stocks. Aluminum July contract opened at 95.7, made low of 95.4 and high of 97.2 during trading session. Total volume was recorded at around 3339 lots and open interest around 1818 lots till 6.15...
Alumininum weakens in futures trade
...Aluminium traded a shade lower by Rs 0.25, or 0.26 per cent, at Rs 96.65 per kg in futures trade today after speculators booked profits amid approaching monthly expiry...
Aluminium futures down 0.25%
...Amid weak trend at the spot markets on slack demand, aluminium traded lower by Rs 0.15, or 0.25 per cent, at Rs 96.10 per kg in futures trade today...
Aluminium Moves Higher As Inventories Turn Down
...Aluminium is moving higher in Indian futures markets on the back of declines in the inventories data yet again. The prices have moved higher by almost a percent in the mid-day trades...
SMM Daily Review - 2010/7/28 Base Metals Market
... SHFE aluminum prices opened lower but moved higher yesterday, and SHFE 1010 aluminum contract prices opened at RMB 15,285/mt, but later dipped slightly to RMB 15,280/mt. The upward momentum in SHFE aluminum prices was weaker in the morning session,...
SMM Daily Review - 2010/7/27 Base Metals Market
... SHFE 1010 aluminum contract prices opened slightly higher at RMB 15,385/mt, but later slipped as a result of weaker base metals market in the morning session. SHFE 1010 aluminum contract prices dipped to RMB 15,280/mt, and picked up to RMB 15,415/mt temporarily in the afternoon, and finally...
Aluminium slips in futures trade on profit booking
...At the Multi Commodity Exchange counter, aluminium for delivery in September contract fell by Rs 0.80 or 0.83 per cent, to Rs 95.35 per kg, with a turnover of 15 lots...
Aluminium futures marginally up on domestic demand
...Buoyed by gains in global market and good domestic demand, aluminium futures continued its upward march and rose by Rs 0.15 or 0.16 per cent, to Rs 95.75 per kg today...
Aluminium slips in futures trade on profit booking
...Aluminium traded lower by Rs 0.80 or 0.83 per cent, at Rs 95.35 per kg in futures trade today after speculators booked profits on a weak trend at the London Metal Exchange...
Aluminium futures rise on domestic demand
...Aluminium prices inched up by Rs 0.35 to Rs 94 per kg in futures trade today after traders enlarged their positions, supported by rising demand in the spot market...
SMM Daily Review - 2010/7/21 Base Metals Market
... SHFE base metals prices opened slightly higher yesterday, and SHFE 1010 aluminum contract prices opened at RMB 15,030/mt, and later climbed to RMB 15,080/mt temporarily ....
SMM Daily Review - 2010/7/20 Base Metals Market
... Although LME aluminum prices were weak, SHFE aluminum prices opened slightly higher led by other base metals prices, with prices fluctuating in a narrow band in the morning session. SHFE 1010 aluminum contract prices opened at RMB 14,925/mt,...
SMM Daily Review - 2010/7/16 Base Metals Market
... The bullish LME aluminum prices failed to boost SHFE aluminum prices, and SHFE 1010 aluminum contract prices opened slightly higher at RMB 14,930/mt, ...
Aluminum to boil on high industrial demand
...AHMEDABAD (Commodity Online): Aluminum traded higher on Friday evening at MCX following overseas market trends, but a strong rupee kept the uptrend limited. Aluminum July contract was trading more than 3 percent higher from last week low of 90.45 and made high of 93.95 rupees per kg...
Alumininum trades low in futures trade on profit booking
...Aluminium traded slightly lower by Rs 0.10 or 0.11 per cent, at Rs 93 per kg in futures trade today after speculators booked profits, driven by weak trend at the London Metal Exchange....
Aluminium futures up on spot demand, global trend
...Buoyed by overnight gains at the London Metal Exchange and good demand at spot market, aluminium futures at the Multi Commodity Exchange platform gained Rs 0.30, or 0.32 per cent, at Rs 94.30 per kg today.
