SMM Brief Review - 2012/5/4 SHFE Lead Futures-Shanghai Metals Market

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

SMM Insight 04:25:33PM May 04, 2012 Source:SMM

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.

Key Words:  SHFE lead   lead price 

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

SMM Insight 04:25:33PM May 04, 2012 Source:SMM

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.

Key Words:  SHFE lead   lead price