Home / Metal News / SMM Brief Review - 2011/12/19 SHFE Lead Futures

SMM Brief Review - 2011/12/19 SHFE Lead Futures

iconDec 19, 2011 16:23
Source:SMM
On Monday, SHFE 1202 lead contract fell sharply after opening at RMB 15,205/mt.

SHANGHAI, Dec. 19 (SMM) – On Monday, SHFE 1202 lead contract fell sharply after opening at RMB 15,205/mt. Then prices gained support at RMB 15,070/mt level briefly and fluctuated between RMB 15,070-15,110/mt. In the afternoon, SHFE lead prices rose and touched RMB 15,230/mt due to rebound in domestic stock market, but met resistance at the 5-day moving average for the lack of upward momentum, and moved between RMB 15,110-15,150/mt. Prices finally closed at RMB 15,100/mt, down RMB 200/mt, or 1.3%. Trading volumes increased by 102 lots to 652 lots, and positions increased by 112 lots to 1,420 lots.

SHFE 1202 lead contract
lead prices
trading volumes
positions

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

SMM Events & Webinars

All