SMM Brief Review - 2012/1/13 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/1/13 SHFE Lead Futures

SMM Insight 05:12:30PM Jan 13, 2012 Source:SMM

SHANGHAI, Jan. 13 (SMM) – SHFE lead prices opened higher at RMB 15,490/mt on Friday and moved between RMB 15,380-15,420/mt in the morning session. In the afternoon, SHFE lead prices fluctuated upward to the opening prices along with rising LME lead prices and finally closed at RMB 15,490/mt, up RMB 90/mt. Trading volumes increased by 80 lots to 464 lots, and positions increased by 166 lots to 1,886 lots.

Price

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SMM #1 Nickel
Oct.17
131500.0
-2900.0
(-2.16%)
#1 JinChuan Nickel
Oct.17
131600.0
-2950.0
(-2.19%)
#1 Import Nickel
Oct.17
131350.0
-2900.0
(-2.16%)
JinChuan B&C
Oct.17
3100.0
650.0
(26.53%)
Russian nickel premium
Oct.17
2950.0
800.0
(37.21%)

SMM Brief Review - 2012/1/13 SHFE Lead Futures

SMM Insight 05:12:30PM Jan 13, 2012 Source:SMM

SHANGHAI, Jan. 13 (SMM) – SHFE lead prices opened higher at RMB 15,490/mt on Friday and moved between RMB 15,380-15,420/mt in the morning session. In the afternoon, SHFE lead prices fluctuated upward to the opening prices along with rising LME lead prices and finally closed at RMB 15,490/mt, up RMB 90/mt. Trading volumes increased by 80 lots to 464 lots, and positions increased by 166 lots to 1,886 lots.