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SHFE Lead Prices Closes with Gains (2016-10-26)
Oct 26, 2016 17:22Source:SMM
SHFE 1612 lead opened at RMB 16,345/mt and ended at RMB 16,230/mt, up RMB 60/mt or 0.37%.
SHANGHAI, Oct. 26 (SMM) – On Tuesday’s night trading, SHFE 1612 lead started at RMB 16,380/mt and advanced to RMB 16,620/mt. But the contract gave up previous gains to RMB 16,225/mt and closed at RMB 16,210/mt.
On Wednesday, SHFE 1612 lead opened at RMB 16,345/mt and then stabilized at around RMB 16,200/mt. The contract finally ended at RMB 16,230/mt, up RMB 60/mt or 0.37%. Trading volumes were up 2,970 to 31,504 lots and positions were down 2,912 to 30,286. SHFE 1612 lead dropped slightly on Wednesday after Tuesday’s surge.
SHFE 1612 lead will be sensitive to rise for the nearing future with positive technical indicators.
SHFE lead
LME lead
lead prices
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