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Home / Metal News / SMM Brief Review - 2012/3/26 SHFE Lead Futures

SMM Brief Review - 2012/3/26 SHFE Lead Futures

iconMar 26, 2012 16:34
Source:SMM
On Monday, SHFE 1206 lead contract became the most active one with prices opening at RMB 15,645/mt and fluctuating up.

SHANGHAI, Mar. 26 (SMM) – On Monday, SHFE 1206 lead contract became the most active one with prices opening at RMB 15,645/mt and fluctuating up to RMB 15,680/mt. However, prices met resistance at the 5-day moving average and rolled back earlier gains in the afternoon due to the falling domestic stock markets and LME lead prices. SHFE lead prices finally closed at RMB 15,570/mt, down RMB 30/mt. Trading volumes decreased by 408 lots to 302 lots and positions were up 150 lots to 1,942 lots.

SHFE lead
lead price

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