SMM Brief Review - 2012/1/19 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/1/19 SHFE Lead Futures

SMM Insight 03:46:52PM Jan 19, 2012 Source:SMM

SHANGHAI, Jan. 19 (SMM) – SHFE lead prices opened RMB 130/mt higher at RMB 15,885/mt on Thursday and rose to move between RMB 15,880-15,960/mt. At the tail of trading, SHFE lead prices moved up further due to the rising domestic stocks and finally closed at RMB 16,000/mt, up RMB 250/mt, or 1.59%.  Trading volumes increased by 80 lots to 714 lots, and positions increased by 116 lots to 2,052 lots.
 

Price

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SMM #1 Nickel
Oct.18
131000.0
-500.0
(-0.38%)
#1 JinChuan Nickel
Oct.18
131150.0
-450.0
(-0.34%)
#1 Import Nickel
Oct.18
130850.0
-500.0
(-0.38%)
JinChuan B&C
Oct.18
4550.0
1450.0
(46.77%)
Russian nickel premium
Oct.18
4350.0
1400.0
(47.46%)

SMM Brief Review - 2012/1/19 SHFE Lead Futures

SMM Insight 03:46:52PM Jan 19, 2012 Source:SMM

SHANGHAI, Jan. 19 (SMM) – SHFE lead prices opened RMB 130/mt higher at RMB 15,885/mt on Thursday and rose to move between RMB 15,880-15,960/mt. At the tail of trading, SHFE lead prices moved up further due to the rising domestic stocks and finally closed at RMB 16,000/mt, up RMB 250/mt, or 1.59%.  Trading volumes increased by 80 lots to 714 lots, and positions increased by 116 lots to 2,052 lots.