SMM Brief Review - 2012/6/26 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/6/26 SHFE Lead Futures

SMM Insight 04:12:22PM Jun 26, 2012 Source:SMM

SHANGHAI, Jun. 26 (SMM) – On Tuesday, SHFE lead prices extended declines as market remained cautious before the EU summit. In the morning, SHFE lead prices opened at RMB 14,770/mt and fluctuated down to move between RMB 14,700-14,730/mt. In the afternoon, SHFE lead prices plummeted and dipped to a low of RMB 14,490/mt and finally ended down RMB 300/mt or down 2% to RMB 14,490/mt. Trading volumes decreased 54 lots to 212 lots, while positions were down 38 lots to 2,006 lots.
 

Key Words:  SHFE lead   lead price 

SMM Brief Review - 2012/6/26 SHFE Lead Futures

SMM Insight 04:12:22PM Jun 26, 2012 Source:SMM

SHANGHAI, Jun. 26 (SMM) – On Tuesday, SHFE lead prices extended declines as market remained cautious before the EU summit. In the morning, SHFE lead prices opened at RMB 14,770/mt and fluctuated down to move between RMB 14,700-14,730/mt. In the afternoon, SHFE lead prices plummeted and dipped to a low of RMB 14,490/mt and finally ended down RMB 300/mt or down 2% to RMB 14,490/mt. Trading volumes decreased 54 lots to 212 lots, while positions were down 38 lots to 2,006 lots.
 

Key Words:  SHFE lead   lead price