Home / Metal News / SMM Brief Review - 2011/12/21 SHFE Lead Futures

SMM Brief Review - 2011/12/21 SHFE Lead Futures

iconDec 21, 2011 16:29
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

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