Aluminium Supply Pressure to Appear in late July, SHFE Aluminium Prices to Remain Rangebound in the Near Term
- Jul 05, 2023, at 10:02 am
- SMM
The most-traded SHFE 2308 aluminum contract opened at 17,975 yuan/mt overnight, and closed at 17,995 yuan/mt, down 45 yuan/mt or 0.25%. LME aluminum opened at $2,227.5/mt on Wednesday, with its low and high at $2,201/mt and $2,249/mt respectively before closing at $2,247/mt, up $19/mt or 0.58%.
