SMM Brief Review - 2012/1/6 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/1/6 SHFE Lead Futures

SMM Insight 05:39:37PM Jan 06, 2012 Source:SMM

SHANGHAI, Jan. 6 (SMM) – SHFE lead prices opened slightly lower at RMB 15,225/mt on Friday. At around 10: 00 in the morning, prices fell briefly to RMB 15,150/mt due to the falling domestic stocks, but later found support at RMB 15,200/mt and stabilized at the level. At the tail of trading, prices rose and finally closed at RMB 15,275/mt. Trading volumes increased by 206 lots to 400 lots, and positions decreased by 2 lots to 1,100 lots.
 

SMM Brief Review - 2012/1/6 SHFE Lead Futures

SMM Insight 05:39:37PM Jan 06, 2012 Source:SMM

SHANGHAI, Jan. 6 (SMM) – SHFE lead prices opened slightly lower at RMB 15,225/mt on Friday. At around 10: 00 in the morning, prices fell briefly to RMB 15,150/mt due to the falling domestic stocks, but later found support at RMB 15,200/mt and stabilized at the level. At the tail of trading, prices rose and finally closed at RMB 15,275/mt. Trading volumes increased by 206 lots to 400 lots, and positions decreased by 2 lots to 1,100 lots.