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SMM Brief Review - 2011/12/29 SHFE Lead Futures
Dec 29,2011 15:59CST
smm insight
Source:SMM
On Thursday, SHFE lead prices opened about RMB 200/mt lower at RMB 15,010/mt due to the falling LME lead prices.

SHANGHAI, Dec. 29 (SMM) – On Thursday, SHFE lead prices opened about RMB 200/mt lower at RMB 15,010/mt due to the falling LME lead prices. Later, SHFE lead prices were driven up by domestic stocks and rose to RMB 15,100/mt, but hovered between RMB 15,050-15,090/mt for the lack of upward momentum. Prices finally closed at RMB 15,095/mt, down RMB 95/mt. Trading volumes increased by 4 lots to 210 lots, and positions were down by 20 lots to 1,276 lots.

SHFE lead
lead prices

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