SHFE Lead Closes Down (2016-9-8)

Telah Terbit: Sep 08, 2016 17:30 (GMT+8)

Simpan

SHFE 1610 lead started at RMB 14,160/mt and ended at RMB 14,135/mt, down RMB 130/mt or 0.91%.

SHANGHIA, Sept. 8 (SMM) – On Wednesday’s night trading, SHFE 1610 lead opened lower at RMB 14,160/mt and soared to RMB 14,325/mt before falling to RMB 14,115/mt. The contract finally ended at RMB 14,150/mt.

On Thursday, SHFE 1610 lead started at RMB 14,160/mt and then ranged at RMB 14,130-14,210/mt before ending at RMB 14,135/mt, down RMB 130/mt or 0.91%. Trading volumes dropped 1,036 to 9,514 lots and positions reduced 1,040 to 18,798. SHFE 1610 lead fluctuated in a small range below the 10-day moving average on Thursday.

SHFE 1610 lead is expected to keep fluctuating for the short term with declines in trading volumes.

SHFE lead price LME lead prices lead prices

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