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Home / Metal News / SMM Brief Review - 2011/11/17 SHFE Lead Futures

SMM Brief Review - 2011/11/17 SHFE Lead Futures

iconNov 17, 2011 15:49
SHFE 1201 lead contract prices touched RMB 15,170/mt low point after opening at RMB 15,295/mt on Thursday.

SHANGHAI, Nov.17 (SMM) – SHFE 1201 lead contract prices touched RMB 15,170/mt low point after opening at RMB 15,295/mt on Thursday. But prices gained buying support at RMB 15,270/mt, and stopped falling and moved around RMB 15,250-15,280/mt. In the afternoon, SHFE lead prices moved up to RMB 15,350-15,400/mt due to rising stocks, and finally closed at RMB 15,395/mt, up RMB 165/mt. Trading volumes increased slightly by 12 lots to 460 lots, and positions increased by 52 lots to 1,662 lots.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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