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SMM Brief Review - 2011/11/8 SHFE Lead Futures
Nov 8,2011 16:04CST
smm insight
Source:SMM
SHFE lead prices opened at RMB 15,415/mt on Tuesday, and fluctuated down, hitting the RMB 15,300/mt low, but got support at 5-day moving average.

SHANGHAI, Nov. 8 (SMM) – SHFE lead prices opened at RMB 15,415/mt on Tuesday, and fluctuated down, hitting the RMB 15,300/mt low, but got support at 5-day moving average. Later, SHFE lead prices retook early losses boosted by increasing LME lead prices, and fluctuated around daily moving average at RMB 15,330-15,380/mt, with prices closed at RMB 15,335/mt, down RMB 70/mt. Trading volumes decreased by 32 lots to 334 lots, and positions decreased by 62 lots to 1,906 lots.

SHFE lead prices

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