SMM Brief Review - 2012/2/23 SHFE Lead Futures

SMM Insight 04:04:18PM Feb 23, 2012 Source:SMM

SHANGHAI, Feb. 23 (SMM) – On Thursday, SHFE lead prices rose up after opening but then fell and moved above the moving averages. In the afternoon, prices moved down briefly but later returned above the moving averages due to the rebound in China’s domestic stocks, and finally closed at RMB 15,900/mt, up RMB 80/mt. Trading volumes decreased by 12 lots to 348 lots and positions were down 116 to 2,078 lots.

Key Words:  SHFE lead   lead price 

SMM Brief Review - 2012/2/23 SHFE Lead Futures

SMM Insight 04:04:18PM Feb 23, 2012 Source:SMM

SHANGHAI, Feb. 23 (SMM) – On Thursday, SHFE lead prices rose up after opening but then fell and moved above the moving averages. In the afternoon, prices moved down briefly but later returned above the moving averages due to the rebound in China’s domestic stocks, and finally closed at RMB 15,900/mt, up RMB 80/mt. Trading volumes decreased by 12 lots to 348 lots and positions were down 116 to 2,078 lots.

Key Words:  SHFE lead   lead price