SHFE Lead off 0.04% (May 25, 2016)

SHANGHAI, May 25 (SMM) – SHFE 1607 lead contract started at RMB 12,685/mt overnight and moved higher to RMB 12,760/mt before dipping to RMB 12,600/mt. The contract moved around RMB 12,655/mt and closed at RMB 12,660/mt.

SHFE 1607 lead opened at RMB 12,655/mt on Wednesday and moved between RMB 12,620-12,700/mt before ending at RMB 12,650/mt, off RMB 5/mt or 0.04%. Trading volumes were down 1,952 to 6,366 lots and positions were up 942 to 14,306.

SHFE 1607 lead may fall further tonight.