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SMM Brief Review - 2011/12/27 SHFE Lead Futures
Dec 27,2011 16:21
CSTsmm insight
Source:SMM
On Tuesday, SHFE lead prices opened lower at RMB 15,050/mt with pressure at the 5 and 10-day moving averages.
SHANGHAI, Dec. 27 (SMM) – On Tuesday, SHFE lead prices opened lower at RMB 15,050/mt with pressure at the 5 and 10-day moving averages. Later, prices rose slightly with domestic stocks and moved between RMB 15,150-15,200/mt. Prices finally closed at RMB 15,165/mt, up RMB 70/mt. Trading volumes decreased by 214 lots to 184 lots, and positions were down by 66 lots to 1,356 lots.
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