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SHFE Aluminum Loses Support at RMB 14,000/mt as Investors Raise Bearish Bets (Sept. 22, 2014)

On Monday, SHFE 1412 aluminum contract retreated from the 60-day moving average after opening at RMB 14,235/mt. Prices closed the day down RMB 225/m or 1.58% at RMB 13,990/mt, the largest single day decline since this March. Trading volumes were up 18,402 ...

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