Shanghai aluminium hit upside limit on equity bounce

Shanghai aluminium futures opened up by their 5 percent daily limit on Friday as metals bounced in Asian trade from the last session's multi-month lows following rebound in U.S. equity markets overnight.

The benchmark Shanghai aluminium SAFc3 contract opened at 14,480 yuan a tonne, before easing gains to 14,040 by 0110 GMT.

Shanghai copper SCFc3 fell 2.6 percent to 38,630 yuan a tonne, while zinc SZNc3 shrank 5 percent to 10,540 yuan a tonne.

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