Home / Metal News / SMM Brief Review - 2012/3/2 SHFE Lead Futures

SMM Brief Review - 2012/3/2 SHFE Lead Futures

iconMar 2, 2012 17:08
On Friday, SHFE lead prices dipped low after opening at RMB 16,100/mt and then moved around RMB 16,150/mt.

SHANGHAI, Mar. 2 (SMM) – On Friday, SHFE lead prices dipped low after opening at RMB 16,100/mt and then moved around RMB 16,150/mt. At midday, prices moved down to RMB 16,120-16,150/mt but later fluctuated up due to the rising domestic stocks and LME lead prices, regaining earlier losses. SHFE lead prices finally closed at RMB 16,210/mt, up RMB 65/mt. Wait-and-see sentiment dominated the market ahead of the weekend. Traded volumes decreased by 48 lots to 454 lots and positions remained unchanged at 1,736 lots.

SHFE lead
lead price
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news

SMM Events & Webinars

All