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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
Source:SMM
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

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