Home / Metal News / SMM Brief Review - 2012/5/4 SHFE Lead Futures

SMM Brief Review - 2012/5/4 SHFE Lead Futures

iconMay 4, 2012 16:25
SHFE lead prices opened RMB 50/mt lower at RMB 15,795/mt Friday and moved narrowly between RMB 15,770-15,800/mt.

SHANGHAI, May 4 (SMM) – SHFE lead prices opened RMB 50/mt lower at RMB 15,795/mt Friday and moved narrowly between RMB 15,770-15,800/mt. In the afternoon, the rising Chinese domestic stocks failed to buoy SHFE lead markets, with prices finally closing at RMB 15,800/mt, down RMB 30/mt. Trading volumes were down 312 lots to 212 lots, and positions were down 88 lots to 1,404 lots.

SHFE lead
lead price
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news