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SMM Brief Review - 2011/12/8 SHFE Lead Futures

iconDec 8, 2011 17:18
Source:SMM
On Thursday, SHFE lead prices opened slightly lower at RMB 15,715/mt and moved around the daily moving average.

SHANGHAI, Dec. 8 (SMM) – On Thursday, SHFE lead prices opened slightly lower at RMB 15,715/mt and moved around the daily moving average. In the midday, prices rose dramatically with the increasing domestic stocks, and retook earlier losses. In the afternoon, SHFE lead prices moved between RMB 15,700-15,750/mt and finally closed at RMB 15,730/mt, down RMB 65/mt. Trading volumes decreased by 134 lots to 362 lots, and positions decreased by 52 lots to 2,062 lots.
 

SHFE lead prices

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