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Home / Metal News / SMM Brief Review - 2012/3/27 SHFE Lead Futures

SMM Brief Review - 2012/3/27 SHFE Lead Futures

Mar 27, 2012 16:01

On Tuesday, Bernanke’s comments caused investors’ expectations on the QE3 policy, but SHFE lead prices remained a weak track.

SHANGHAI, Mar. 27 (SMM) – On Tuesday, Bernanke’s comments caused investors’ expectations on the QE3 policy, but SHFE lead prices remained a weak track. SHFE 1206 lead contract price opened above the 5-day moving average at RMB 15,680/mt, and moved between RMB 15,615-15,650/mt, with prices finally closing at RMB 15,625/mt, up RMB 55/mt. Trading volumes increased by 62 lots to 364 lots and positions were up 138 lots to 2,080 lots.

SHFE lead

lead price

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