SMM Brief Review - 2012/2/17 SHFE Lead Futures

SMM Insight 05:31:02PM Feb 17, 2012 Source:SMM

SHANGHAI, Feb 17 (SMM) – On Friday, the most active SHFE lead contract price tended to stabilize after the slump on the previous trading day. In the morning session, prices fluctuated around RMB 15,650/mt after opening at RMB 15,700/mt. In the afternoon, SHFE lead prices moved above moving averages but surrendered some earlier gains at the tail of trading to close at RMB 15,600/mt, down RMB 5/mt. Trading volumes decreased by 216 lots to 454 lots and positions were up 132 to 1,966 lots.

Key Words:  SHFE lead   lead price 

SMM Brief Review - 2012/2/17 SHFE Lead Futures

SMM Insight 05:31:02PM Feb 17, 2012 Source:SMM

SHANGHAI, Feb 17 (SMM) – On Friday, the most active SHFE lead contract price tended to stabilize after the slump on the previous trading day. In the morning session, prices fluctuated around RMB 15,650/mt after opening at RMB 15,700/mt. In the afternoon, SHFE lead prices moved above moving averages but surrendered some earlier gains at the tail of trading to close at RMB 15,600/mt, down RMB 5/mt. Trading volumes decreased by 216 lots to 454 lots and positions were up 132 to 1,966 lots.

Key Words:  SHFE lead   lead price