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SMM Brief Review - 2012/3/14 SHFE Lead Futures

iconMar 14, 2012 17:56
On Wednesday, SHFE lead prices opened slightly higher at RMB 16,170/mt and fluctuated down.

SHANGHAI, Mar. 14 (SMM) – On Wednesday, SHFE lead prices opened slightly higher at RMB 16,170/mt and fluctuated down. In the afternoon, the US dollar index surged, dragging down LME lead prices, and domestic stock markets fell slightly. As a result, SHFE lead prices dropped to RMB 15,910/mt and surrendered earlier gains to finally close at RMB 15,920/mt, down RMB 110/mt. Traded volumes increased by 2 lots to 140 lots and positions were up 16 lots to 1,408 lots.

SHFE lead
lead price
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