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

iconJun 6, 2012 15:51
Source:SMM
On Wednesday, SHFE lead prices, influenced by LME lead prices, opened higher at RMB 15,070/mt and stabilized to rise to RMB 15,110/mt.

SHANGHAI, Jun. 6 (SMM) – On Wednesday, SHFE lead prices, influenced by LME lead prices, opened higher at RMB 15,070/mt and stabilized to rise to RMB 15,110/mt. Later, however, SHFE lead prices met resistance at the 10-day moving average and fell to RMB 15,060/mt at midday, with prices finally closing at RMB 15,045/mt. Trading volumes fell by 30 lots to 152 lots, while positions were up 36 lots to 2,128 lots.

SHFE lead
lead price

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