[Ferro-Alloys.com] Reportedly, aluminum futures prices at the Shanghai Futures Exchange (SHFE) started at RMB12,670/ton last Thursday evening but fell back to opening price and closed at RMB12,655/ton after shortly rose to RMB12,710/ton.
The most trading aluminum contract (SHFE 1508) increased to RMB12,710/ton again on Friday, but fell back down and hovered around moving average during the trading session and closed at RMB12,690/ton.
It is estimated that SHFE 1508 aluminum prices have lack of motivation to rebound.
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- [Editor:Yueleilei]
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