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SMM Brief Review - 2012/3/9 SHFE Lead Futures
Mar 9,2012 17:31CST
smm insight
Source:SMM
On Friday, SHFE lead prices opened at RMB 15,900/mt and fluctuated up due to the increase in LME lead prices.

SHANGHAI, Mar. 9 (SMM) – On Friday, SHFE lead prices opened at RMB 15,900/mt and fluctuated up due to the increase in LME lead prices. In the morning, as China’s February CPI growth was 3.2% according to National Bureau of Statistics, within expectations, SHFE lead prices were promoted and continued to rise. SHFE lead prices finally closed at the intraday high of RMB 15,970/mt, up RMB 190/mt, or 1.2%. Traded volumes decreased by 110 lots to 92 lots and positions were down 8 lots to 1,298 lots.

SHFE lead
lead price

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