sitemap

news
products
contact

international business dept

tel:+86-535-6430103/6501189

fax:+86-535-6501180

add:no.29, moon road, apec s&t
industrial park, zhifu
district,yantai,china

home > news > info

lme aluminum prices, shfe aluminum prices

lme aluminum prices, shfe aluminum prices -电子游戏平台

 shanghai, jul. 31 (smm) –lme aluminum opened at usd 1,656.5/mt on thursday. the light metal rose to usd 1,667/mt, but then fell back to usd 1,636/mt on a stronger us dollar. finally, it ended down usd 14/mt or 0.84% at usd 1,645/mt. trading volumes were up 501 lots to 8,434 lots, and positions were down 120 to 880,000. lme aluminum inventories fell 9,750 mt to 3,443,850 mt. 

a stronger us dollar and risk aversion before the weekend should send shfe 1510 aluminum contract down to rmb 12,200-12,280/mt on friday. in china’s spot market, downstream consumption will remain sluggish, and spot discounts of rmb 90-130/mt are expected over shfe 1508 aluminum contract.