SMM Brief Review - 2012/5/23 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/5/23 SHFE Lead Futures

SMM Insight 04:07:45PM May 23, 2012 Source:SMM

SHANGHAI, May 23 (SMM) – On Wednesday, SHFE lead prices opened RMB 50/mt lower at RMB 15,100/mt and moved weakly between RMB 15,120-15,150/mt. In the afternoon, SHFE lead prices fell along with LME lead prices to RMB 15,050-15,100/mt, and closed the day at RMB 15,075/mt, down RMB 135/mt. Trading volumes were down 52 lots to 204 lots, while positions increased to 1,740 lots, up 36 lots.
 

Key Words:  SHFE lead   lead price 

SMM Brief Review - 2012/5/23 SHFE Lead Futures

SMM Insight 04:07:45PM May 23, 2012 Source:SMM

SHANGHAI, May 23 (SMM) – On Wednesday, SHFE lead prices opened RMB 50/mt lower at RMB 15,100/mt and moved weakly between RMB 15,120-15,150/mt. In the afternoon, SHFE lead prices fell along with LME lead prices to RMB 15,050-15,100/mt, and closed the day at RMB 15,075/mt, down RMB 135/mt. Trading volumes were down 52 lots to 204 lots, while positions increased to 1,740 lots, up 36 lots.
 

Key Words:  SHFE lead   lead price