Home / Metal News / Copper / SMM Brief Review - 2012/2/13 SHFE Lead Futures
SMM Brief Review - 2012/2/13 SHFE Lead Futures
Feb 13,2012 17:28CST
smm insight
Source:SMM
On Monday, SHFE three-month lead contract price dipped low after opening down at RMB 16,040/mt.

SHANGHAI, Feb 13 (SMM) – On Monday, SHFE three-month lead contract price dipped low after opening down at RMB 16,040/mt due to the slump in LME lead prices, but then rose to move around RMB 16,000/mt. In midday, SHFE lead prices edged up to RMB 16,100/mt along with the rising Chinese domestic stocks and LME lead prices but with strong resistance. Prices finally closed at RMB 16,015/mt, down RMB 55/mt. Trading volumes increased by 68 lots to 176 lots, and positions decreased by 106 lots to 1,560 lots.

SHFE lead
lead prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news