SMM Brief Review - 2012/6/27 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/6/27 SHFE Lead Futures

SMM Insight 03:50:18PM Jun 27, 2012 Source:SMM

SHANGHAI, Jun. 27 (SMM) – On Wednesday, SHFE lead prices opened lower at RMB 14,475/mt investors’ doubt over the EU summit to be held this Thursday and Friday. Later, SHFE lead prices moved between RMB 14,420-14,470/mt to finally close at RMB 14,450/mt, down RMB 40/mt. Transactions were limited due to depressed market confidence. Trading volumes decreased 38 lots to 174 lots, while positions were down 12 lots to 1,994 lots.
 

Key Words:  SHFE lead   lead price 

SMM Brief Review - 2012/6/27 SHFE Lead Futures

SMM Insight 03:50:18PM Jun 27, 2012 Source:SMM

SHANGHAI, Jun. 27 (SMM) – On Wednesday, SHFE lead prices opened lower at RMB 14,475/mt investors’ doubt over the EU summit to be held this Thursday and Friday. Later, SHFE lead prices moved between RMB 14,420-14,470/mt to finally close at RMB 14,450/mt, down RMB 40/mt. Transactions were limited due to depressed market confidence. Trading volumes decreased 38 lots to 174 lots, while positions were down 12 lots to 1,994 lots.
 

Key Words:  SHFE lead   lead price