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Soft Demand Leaves Physical Aluminum Trading Modest in East China (Oct. 8, 2014)

The SHFE 1410 aluminum contract hovered narrowly around the RMB 14,000/mt mark during the morning trading session, meeting resistance at the 5-day and 10-day moving averages. Physical aluminum in Shanghai traded Wednesday largely between RMB 13,980-14,000/mt, a RMB 0-20/mt discount to the ...

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Aluminum Market Morning Review (2014-10-8)

Three-month aluminum on the London Metal Exchange touched a low of USD 1,885/mt during China’s National Day holiday as the positive nonfarm payroll data boosted anticipation of Fed’s interest rate hike, but then bounced back. LME aluminum prices started at USD 1,929/mt ...

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