SMM Brief Review - 2012/5/24 SHFE Lead Futures-Shanghai Metals Market

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

SMM Insight 04:05:45PM May 24, 2012 Source:SMM

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.

Key Words:  SHFE lead   lead price 

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

SMM Insight 04:05:45PM May 24, 2012 Source:SMM

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.

Key Words:  SHFE lead   lead price