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SMM Brief Review - 2012/4/26 SHFE Lead Futures
Apr 26,2012 16:05CST
smm insight
Source:SMM
SHFE 1207 lead contract became the most active one, with prices opening at RMB 15,750/mt.

SHANGHAI, Apr. 26 (SMM) – SHFE 1207 lead contract became the most active one, with prices opening at RMB 15,750/mt and fluctuating around the moving averages on Thursday. In the afternoon, SHFE lead prices hit a high of RMB 15,800/mt due to the falling US dollar index and ascending Shanghai Stock Exchange Composite Index, and finally closed at RMB 15,815/mt, up RMB 80/mt. Trading volumes were down 114 lots to 104 lots, and positions were up 34 lots to 1,434 lots.

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