SMM Brief Review - 2012/4/6 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/4/6 SHFE Lead Futures

SMM Insight 04:24:42PM Apr 06, 2012 Source:SMM

SHANGHAI, Apr. 6 (SMM) – Despite the sharp rise in LME lead prices overnight, SHFE lead prices presented limited increase on Friday. SHFE lead prices fell to RMB 15,360/mt briefly after opening at RMB 15,660/mt, and then rose to move between RMB 15,530-15,580/mt. At the tail of trading, SHFE lead prices climbed further on account of domestic stock markets to finally close at RMB 15,680/mt, up RMB 150/mt. Trading volumes decreased by 20 lots to 266 lots and positions were up 52 lots to 2,558 lots.

Key Words:  SHFE lead   lead price 

SMM Brief Review - 2012/4/6 SHFE Lead Futures

SMM Insight 04:24:42PM Apr 06, 2012 Source:SMM

SHANGHAI, Apr. 6 (SMM) – Despite the sharp rise in LME lead prices overnight, SHFE lead prices presented limited increase on Friday. SHFE lead prices fell to RMB 15,360/mt briefly after opening at RMB 15,660/mt, and then rose to move between RMB 15,530-15,580/mt. At the tail of trading, SHFE lead prices climbed further on account of domestic stock markets to finally close at RMB 15,680/mt, up RMB 150/mt. Trading volumes decreased by 20 lots to 266 lots and positions were up 52 lots to 2,558 lots.

Key Words:  SHFE lead   lead price