SMM Brief Review - 2012/2/2 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/2/2 SHFE Lead Futures

SMM Insight 04:08:52PM Feb 02, 2012 Source:SMM

SHANGHAI, Feb 2 (SMM) – On Thursday, SHFE lead prices rose after opening at RMB 16,130/mt, but then fell to fluctuate around RMB 16,050/mt influenced by decreasing LME lead prices. In the afternoon, as Chinese domestic stocks stopped falling and regained some earlier losses, SHFE lead prices closed at RMB 16,125/mt, up RMB 130/mt. Trading volumes decreased by 214 lots to 98 lots, and positions increased by 16 lots to 1,858 lots.

Key Words:  lead prices   trading volume   lead Pb 

SMM Brief Review - 2012/2/2 SHFE Lead Futures

SMM Insight 04:08:52PM Feb 02, 2012 Source:SMM

SHANGHAI, Feb 2 (SMM) – On Thursday, SHFE lead prices rose after opening at RMB 16,130/mt, but then fell to fluctuate around RMB 16,050/mt influenced by decreasing LME lead prices. In the afternoon, as Chinese domestic stocks stopped falling and regained some earlier losses, SHFE lead prices closed at RMB 16,125/mt, up RMB 130/mt. Trading volumes decreased by 214 lots to 98 lots, and positions increased by 16 lots to 1,858 lots.

Key Words:  lead prices   trading volume   lead Pb