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SMM Brief Review - 2012/3/21 SHFE Lead Futures
Mar 21,2012 15:58CST
smm insight
Source:SMM
On Wednesday, SHFE lead prices opened lower at RMB 15,760/mt due to the slump of LME lead prices.

SHANGHAI, Mar. 21 (SMM) – On Wednesday, SHFE lead prices opened lower at RMB 15,760/mt due to the slump of LME lead prices and hit as low as RMB 15,655/mt briefly, a new low since 2012. Later, SHFE lead prices found strong buying support at the RMB 15,690/mt level to move between RMB 15,680-15,730/mt, and finally closed at RMB 15,730/mt, down RMB 130/mt. Trading volumes increased by 620 lots to 888 lots and positions were up 318 lots to 1,918 lots.

SHFE lead
lead price

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