SMM Brief Review - 2012/1/4 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/1/4 SHFE Lead Futures

SMM Insight 04:09:17PM Jan 04, 2012 Source:SMM

SHANGHAI, Jan. 4 (SMM) – SHFE lead prices moved down after opening higher at RMB 15,405/mt on Wednesday. Prices rose to touch RMB 15,490/mt due to increase in China's stock markets but then fell down and found support at RMB 15,310/mt level. Later, prices moved around RMB 15,330/mt and finally closed at 15,310/mt. Trading volumes increased by 100 lots to 356 lots, and positions decreased by 146 lots to 1,118 lots.
 

SMM Brief Review - 2012/1/4 SHFE Lead Futures

SMM Insight 04:09:17PM Jan 04, 2012 Source:SMM

SHANGHAI, Jan. 4 (SMM) – SHFE lead prices moved down after opening higher at RMB 15,405/mt on Wednesday. Prices rose to touch RMB 15,490/mt due to increase in China's stock markets but then fell down and found support at RMB 15,310/mt level. Later, prices moved around RMB 15,330/mt and finally closed at 15,310/mt. Trading volumes increased by 100 lots to 356 lots, and positions decreased by 146 lots to 1,118 lots.