SMM Brief Review - 2012/6/5 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/6/5 SHFE Lead Futures

SMM Insight 03:59:10PM Jun 05, 2012 Source:SMM

SHANGHAI, Jun. 5 (SMM) – On Tuesday, LME was closed, and SHFE lead prices opened higher at RMB 15,040/mt boosted by report that European country may carry out joint bailout activities.  SHFE lead prices moved around RMB 15,000/mt and rose to RMB 15,040/mt in the afternoon to finally close at RMB 15,050/mt, up RMB 155/mt, with growth exceeding 1%. Trading volumes fell by 14 lots to 182 lots, while positions were down 38 lots to 2,092 lots.

Key Words:  SHFE lead   lead price 

SMM Brief Review - 2012/6/5 SHFE Lead Futures

SMM Insight 03:59:10PM Jun 05, 2012 Source:SMM

SHANGHAI, Jun. 5 (SMM) – On Tuesday, LME was closed, and SHFE lead prices opened higher at RMB 15,040/mt boosted by report that European country may carry out joint bailout activities.  SHFE lead prices moved around RMB 15,000/mt and rose to RMB 15,040/mt in the afternoon to finally close at RMB 15,050/mt, up RMB 155/mt, with growth exceeding 1%. Trading volumes fell by 14 lots to 182 lots, while positions were down 38 lots to 2,092 lots.

Key Words:  SHFE lead   lead price