SMM Brief Review - 2012/2/8 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/2/8 SHFE Lead Futures

SMM Insight 05:55:49PM Feb 08, 2012 Source:SMM

SHANGHAI, Feb. 8 (SMM) – On Wednesday, SHFE lead prices moved around RMB 16,100/mt after opening at RMB 16,060/mt. In the afternoon, SHFE lead prices rose significantly by RMB 110/mt to move around RMB 16,240/mt due to the increase in Chinese domestic stock markets and support at the RMB 16,130/mt level. SHFE lead prices finally closed at RMB 16,250/mt, up RMB 190/mt or 1.18%. Trading volumes decreased by 12 lots to 156 lots, and positions increased by 14 lots to 1,870 lots.
 

Key Words:  SHFE lead   spot lead   lead prices 

Price

more
Aluminum Ingot
Apr.23
14200.0
70.0
(0.50%)
Alumina (Averaged)
Apr.23
2695.0
20.0
(0.75%)
Alumina-East
Apr.23
2700.0
10.0
(0.37%)
Alumina -Central
Apr.23
2700.0
20.0
(0.75%)
Alumina - North
Apr.23
2690.0
20.0
(0.75%)

SMM Brief Review - 2012/2/8 SHFE Lead Futures

SMM Insight 05:55:49PM Feb 08, 2012 Source:SMM

SHANGHAI, Feb. 8 (SMM) – On Wednesday, SHFE lead prices moved around RMB 16,100/mt after opening at RMB 16,060/mt. In the afternoon, SHFE lead prices rose significantly by RMB 110/mt to move around RMB 16,240/mt due to the increase in Chinese domestic stock markets and support at the RMB 16,130/mt level. SHFE lead prices finally closed at RMB 16,250/mt, up RMB 190/mt or 1.18%. Trading volumes decreased by 12 lots to 156 lots, and positions increased by 14 lots to 1,870 lots.
 

Key Words:  SHFE lead   spot lead   lead prices