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

iconApr 6, 2012 16:24
Source:SMM
Despite the sharp rise in LME lead prices overnight, SHFE lead prices presented limited increase on Friday.

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.

SHFE lead
lead price

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