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SMM Brief Review - 2011/12/21 SHFE Lead Futures
Dec 21,2011 16:29CST
smm insight
Source:SMM
On Wednesday, SHFE lead prices opened higher at RMB 15,180/mt influenced by the increase in LME lead prices overnight.

SHANGHAI, Dec. 21 (SMM) – On Wednesday, SHFE lead prices opened higher at RMB 15,180/mt influenced by the increase in LME lead prices overnight. Lead prices lacked upward momentum as investors still stayed away from markets, but then found support at RMB 15,200/mt level, and moved weakly around the daily moving average. Prices finally closed at RMB 15,170/mt, up RMB 70/mt. Trading volumes increased by 24 lots to 158 lots, and positions increased by 8 lots to 1,444 lots.

SHFE lead prices
trading volumes
positions

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