Home / Metal News / Copper / SMM Brief Review - 2012/3/5 SHFE Lead Futures
SMM Brief Review - 2012/3/5 SHFE Lead Futures
Mar 5,2012 15:51CST
smm insight
Source:SMM
On Monday, SHFE lead prices opened at RMB 16,160/mt and then hovered weakly at the level.

SHANGHAI, Mar. 5 (SMM) – On Monday, SHFE lead prices opened at RMB 16,160/mt and then hovered weakly at the level. Later, China cut its projected economic growth for 2012 to 7.5%, much lower than the figure a year earlier, causing market concerns over Chinese economic prospects. As a result, SHFE lead prices fell to close at RMB 16,130/mt, down RMB 20/mt. Market players were waiting for more policies and remained cautious. Traded volumes decreased by 380 lots to 74 lots and positions were down 28 lots to 1,708 lots.

SHFE lead
lead price

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news