SMM Brief Review - 2012/5/9 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/5/9 SHFE Lead Futures

SMM Insight 04:19:07PM May 09, 2012 Source:SMM

SHANGHAI, May 9 (SMM) – SHFE lead prices were under downward pressures due to weak fundamentals and opened lower at RMB 15,700/mt Wednesday. Later, SHFE lead prices hit a low of RMB 15,615/mt to finally close at RMB 15,665/mt, down RMB 40/mt. Trading volumes were up 194 lots to 410 lots, and positions dropped by 204 lots to 1,198 lots.

Key Words:  SHFE lead   lead price 

SMM Brief Review - 2012/5/9 SHFE Lead Futures

SMM Insight 04:19:07PM May 09, 2012 Source:SMM

SHANGHAI, May 9 (SMM) – SHFE lead prices were under downward pressures due to weak fundamentals and opened lower at RMB 15,700/mt Wednesday. Later, SHFE lead prices hit a low of RMB 15,615/mt to finally close at RMB 15,665/mt, down RMB 40/mt. Trading volumes were up 194 lots to 410 lots, and positions dropped by 204 lots to 1,198 lots.

Key Words:  SHFE lead   lead price