Home / Metal News / SMM Brief Review - 2012/5/24 SHFE Lead Futures

SMM Brief Review - 2012/5/24 SHFE Lead Futures

iconMay 24, 2012 16:05
On Thursday, SHFE lead prices opened at RMB 15,190/mt and moved weakly between RMB 15,040-15,150/mt.

SHANGHAI, May 24 (SMM) – On Thursday, SHFE lead prices opened at RMB 15,190/mt and moved weakly between RMB 15,040-15,150/mt. Later, prices dipped as low as RMB 15,010/mt at about midday due to the falling domestic stocks. In the afternoon, the most active SHFE lead prices rallied and finally closed up RMB 30/mt to RMB 15,130/mt. Trading volumes were up 56 lots to 260 lots, while positions increased to 1,770 lots, up 30 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