Home / Metal News / Precious Metals / SMM Brief Review - 2011/11/18 SHFE Lead Futures
SMM Brief Review - 2011/11/18 SHFE Lead Futures
Nov 18,2011 16:06CST
smm insight
Source:SMM
On Friday, SHFE lead 1201 contract prices opened nearly RMB 300/mt lower at RMB 14,900/mt due to dropping LME lead prices overnight.

SHANGHAI, Nov.18 (SMM) –On Friday, SHFE lead 1201 contract prices opened nearly RMB 300/mt lower at RMB 14,900/mt due to dropping LME lead prices overnight, and surged above RMB 15,000/mt. Prices moved between RMB 15,150-15,250/mt through the day with pressure at 10-day moving average, and finally closed at RMB 15,230/mt, down RMB 165/mt. Trading volumes increased by 110 lots to 570 lots, and positions increased by 242 lots to 1,904 lots.

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

MOST POPULAR
data analysis
data analysis
data analysis
data analysis
data analysis