SMM Brief Review - 2012/2/22 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/2/22 SHFE Lead Futures

SMM Insight 04:22:40PM Feb 22, 2012 Source:SMM

SHANGHAI, Feb. 22 (SMM) – On Wednesday, SHFE lead prices rose first but fell later after opening at RMB 15,900/mt after opening. Prices moved around RMB 15,800/mt and stood above the 5-day moving average but were still with resistance at the 10-day moving average. SHFE lead prices finally closed at RMB 15,820/mt. Trading volumes increased by 32 lots to 360 lots and positions were up 78 to 2,194 lots.

Key Words:  SHFE lead   lead price 

SMM Brief Review - 2012/2/22 SHFE Lead Futures

SMM Insight 04:22:40PM Feb 22, 2012 Source:SMM

SHANGHAI, Feb. 22 (SMM) – On Wednesday, SHFE lead prices rose first but fell later after opening at RMB 15,900/mt after opening. Prices moved around RMB 15,800/mt and stood above the 5-day moving average but were still with resistance at the 10-day moving average. SHFE lead prices finally closed at RMB 15,820/mt. Trading volumes increased by 32 lots to 360 lots and positions were up 78 to 2,194 lots.

Key Words:  SHFE lead   lead price