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SMM Brief Review - 2012/3/13 SHFE Lead Futures
Mar 13,2012 16:02CST
smm insight
Source:SMM
On Tuesday, SHFE lead prices opened slightly higher at RMB 15,980/mt due to the rising LME lead prices.

SHANGHAI, Mar. 13 (SMM) – On Tuesday, SHFE lead prices opened slightly higher at RMB 15,980/mt due to the rising LME lead prices and gained support at RMB 16,000/mt in the morning to move above the level. In the afternoon, SHFE lead prices moved between RMB 16,030-16,060/mt and finally closed at RMB 16,055/mt, up RMB 115/mt. Traded volumes decreased by 258 lots to 138 lots and positions were up 6 lots to 1,392 lots.

SHFE lead
lead price

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