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SMM Brief Review - 2012/1/5 SHFE Lead Futures
SHANGHAI, Jan. 5 (SMM) – On Thursday, SHFE lead prices rose to closing price on previous trading day soon after opening lower at RMB 15,270/mt, and moved between RMB 15,330-15,380/mt. In the afternoon, prices continued to fluctuate narrowly with strong support at the 5-day moving average and finally closed at RMB 15,370/mt, up RMB 60/mt. Trading volumes decreased by 162 lots to 194 lots, and positions decreased by 16 lots to 1,102 lots.
SMM Brief Review - 2012/1/5 SHFE Lead Futures
SHANGHAI, Jan. 5 (SMM) – On Thursday, SHFE lead prices rose to closing price on previous trading day soon after opening lower at RMB 15,270/mt, and moved between RMB 15,330-15,380/mt. In the afternoon, prices continued to fluctuate narrowly with strong support at the 5-day moving average and finally closed at RMB 15,370/mt, up RMB 60/mt. Trading volumes decreased by 162 lots to 194 lots, and positions decreased by 16 lots to 1,102 lots.
