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SMM Brief Review - 2012/4/13 SHFE Lead Futures
Apr 13, 2012 15:52On Friday, SHFE lead prices opened higher at RMB 15,750/mt.
SHANGHAI, Apr. 13 (SMM) – On Friday, SHFE lead prices opened higher at RMB 15,750/mt and surged to RMB 15,785/mt briefly. Later, as China’s GDP growth was reported at 8.1%, and other economic data released also indicated the slowdown of investment, weakening demand and remaining inflation pressure. As a result, market concerns weighed on base metal markets, with SHFE lead prices falling down to finally close at RMB 15,720/mt, up RMB 105/mt. Positions were down 168 lots to 2,050 lots, and trading volumes were 420 lots.
SHFE lead
lead price
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