SMM Brief Review - 2012/6/29 SHFE Lead Futures

Price Review & Forecast 10:31:16AM Jun 30, 2012 Source:SMM

SHANGHAI, Jun. 29 (SMM) – On Friday morning, it was reported EU leaders agreed that ESM funds could be injected directly into banks, so SHFE lead prices rallied along with other commodities after opening at RMB 14,515/mt and touched a high of RMB 14,730/mt to finally close at RMB 14,635/mt, up RMB 120/mt. Trading volumes were down 40 lots to 210 lots, while positions were up 32 lots to 1,984 lots.

Key Words:  SHFE lead   lead prices  

SMM Brief Review - 2012/6/29 SHFE Lead Futures

Price Review & Forecast 10:31:16AM Jun 30, 2012 Source:SMM

SHANGHAI, Jun. 29 (SMM) – On Friday morning, it was reported EU leaders agreed that ESM funds could be injected directly into banks, so SHFE lead prices rallied along with other commodities after opening at RMB 14,515/mt and touched a high of RMB 14,730/mt to finally close at RMB 14,635/mt, up RMB 120/mt. Trading volumes were down 40 lots to 210 lots, while positions were up 32 lots to 1,984 lots.

Key Words:  SHFE lead   lead prices