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Home / Metal News / SMM Brief Review - 2011/12/12 SHFE Lead Futures

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

Dec 12, 2011 17:05

On Monday, SHFE lead prices opened RMB 100/mt higher at RMB 15,730/mt and moved between RMB 15,650-15,670/mt.

SHANGHAI, Dec. 12 (SMM) – On Monday, SHFE lead prices opened RMB 100/mt higher at RMB 15,730/mt and moved between RMB 15,650-15,670/mt. In the afternoon, SHFE lead prices dropped briefly to RMB 15,590/mt but gained support at the 10-day moving average, and moved around RMB 15,630/mt. Prices finally closed at RMB 15,660/mt. With strong cautious sentiment among investors, trading volumes only decreased by 6 lots to 272 lots, and positions decreased by 46 lots to 1,946 lots.

SHFE lead prices

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