SMM Brief Review - 2012/6/1 SHFE Lead Futures-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Aluminium
  • Copper scrap
  • Primary lead
  • Customs data
  • Copper
  • Market commentary
  • Inventory data
  • Futures movement
  • price forecast
  • Nickel
  • MMi Iron Ore Port Index
  • Evening comments
  • Secondary lead
  • Zinc concentrate

SMM Brief Review - 2012/6/1 SHFE Lead Futures

SMM Insight 03:50:25PM Jun 01, 2012 Source:SMM

SHANGHAI, Jun. 1 (SMM) – China’s May PMI was reported down from the previous figures both according to HSBC and China Federation of Logistics & Purchasing. SHFE lead prices opened at RMB 15,030/mt Friday and rose to RMB 15,085/mt due to buying support but fell slightly in the afternoon influenced by domestic stocks. At the tail of trading, prices rallied again to close at RMB 15080/mt. Trading volumes decreased by 114 lots to 134 lots, while positions were up 64 lots to 2,120 lots.
 

Key Words:  SHFE lead   lead price 

SMM Brief Review - 2012/6/1 SHFE Lead Futures

SMM Insight 03:50:25PM Jun 01, 2012 Source:SMM

SHANGHAI, Jun. 1 (SMM) – China’s May PMI was reported down from the previous figures both according to HSBC and China Federation of Logistics & Purchasing. SHFE lead prices opened at RMB 15,030/mt Friday and rose to RMB 15,085/mt due to buying support but fell slightly in the afternoon influenced by domestic stocks. At the tail of trading, prices rallied again to close at RMB 15080/mt. Trading volumes decreased by 114 lots to 134 lots, while positions were up 64 lots to 2,120 lots.
 

Key Words:  SHFE lead   lead price