SMM Brief Review - 2012/6/28 SHFE Lead Futures

SHANGHAI, Jun. 28 (SMM) – SHFE 1209 lead contract became the most actively traded one Thursday with prices opening RMB 125/mt higher at RMB 14,515/mt influenced by the positive economic data in the US. SHFE 1209 lead contract price stabilized at RMB 14,440/mt in the morning and hit an intraday high of RMB 14,525/mt in the afternoon as the US dollar index edged down, to finally close at RMB 14,515/mt , up RMB 125/mt. Trading volumes increased by 70 lots and positions were up 140 lots.